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Capstone Copper Corp. (ASX:CSC)

ALERT: Price-sensitive ASX Announcement for CSC
Current share price for CSC : $13.450 -2.18 (-13.95%)+
Announcement
Release
18 Feb 2026 9:41AM
Price at Release
$15.630
Full Release
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Summary
Capstone Copper Corp. has announced its 2026 guidance, projecting consolidated copper production between 200,000 to 230,000 tonnes with C1 cash costs estimated at $2.45 to $2.75 per payable pound. The company plans to invest $495 million in both sustaining and expansionary capital expenditures, focusing mainly on the Mantoverde Optimized Project and the Santo Domingo Project. Exploration spending is set at $70 million, primarily targeting the Mantoverde-Santo Domingo district to enhance district growth. Additionally, Capstone aims to maintain stable operations at Mantoverde, with anticipated challenges due to expected strikes and maintenance in 2026. The company is also leveraging strong commodity prices to optimize growth strategies and explore further opportunities for copper production.
Key Points
  • 2026 copper production guidance: 200,000 to 230,000 tonnes.
  • C1 cash cost guidance: $2.45 to $2.75 per payable pound.
  • Total capital expenditures for 2026: $495 million.
  • Sustaining capital: $270 million, with focus on tailings and ESG initiatives.
  • Expansionary capital: $225 million, largely for Mantoverde Optimized Project.
  • Exploration expenditure: $70 million, focused on Mantoverde-Santo Domingo.
  • Copper production at Mantoverde expected to remain stable.
  • Guidance issued amidst expectations of modest inflation and mine sequence impacts.
  • Capstone's strategy includes leveraging strong commodity prices and district growth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.