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Capstone Copper Corp T.CS

Alternate Symbol(s):  CSCCF

Capstone Copper Corp. is a copper producer operating in the Americas. It is engaged in the production of and exploration of base metals in the United States (US), Mexico, and Chile, with a focus on copper. The Company, through a wholly owned Chilean subsidiary, Mantos Copper S.A., owns and operates the Mantos Blancos mine, located 45 kilometers (km) northeast of Antofagasta, Chile and the 70%-owned Mantoverde mine, through a subsidiary, Mantoverde S.A., located 50 km southeast of Chanaral, Chile. It owns and operates the Pinto Valley mine located in Arizona, US, Cozamin mine located in Zacatecas, Mexico, and has a portfolio of exploration properties in Mexico. It also holds the fully permitted Santo Domingo copper-iron-gold-cobalt development project in the Atacama region of Chile, 35km northeast of Mantoverde. Through Compania Minera Sierra Norte S.A., it owns 100% of Sierra Norte, an iron oxide copper gold deposit located in Chile's Atacama Region, that spans over 7,000 hectares.


TSX:CS - Post by User

Post by swale13on Feb 02, 2022 12:46am
435 Views
Post# 34387954

keep your eyes open

keep your eyes openConcern generated the general approval in the Environmental Commission of the Convention of a norm that nationalizes the companies of exploitation and exploration of strategic assets, "passing to the national domain all the assets of said companies and their subsidiaries related to their activity in territory national", according to the norm. The President must make this provision effective within a maximum of one year from the entry into force of the new Constitution. The initiative states that the amount of compensation will be set by the Comptroller General of the Republic, and must correspond to the "book value as of December 31, 2021, according to IFRS standards."

Fuente: Emol.com - https://www.emol.com/noticias/Nacional/2022/02/01/1045609/aprobacion-norma-nacionalizacion-empresas-mineras.html

s
ource EMOL link
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