Business
Capstone Mining 2014 Second Quarter Production Results
Second quarter production of 27,700 tonnes of copper VANCOUVER , July 10, 2014 /CNW/...
About this update from Capstone Copper Corp.
[{"type":"text","content":"\n\n\nSecond quarter production of 27,700 tonnes of copper\n\n\nVANCOUVER, July 10, 2014 /CNW/ - Capstone Mining Corp. (\"Capstone\")\n (TSX: CS) today announced operating results for the three and six\n months ending June 30, 2014 of its three operating mines: Pinto Valley,\n Cozamin and Minto. Combined production totalled 27,700 and 55,300\n tonnes of copper (in concentrates and cathode) in the second quarter\n and year-to-date periods, respectively, with additional by-products of\n zinc, molybdenum, lead, silver and gold.\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nQ2 2014 Production (tonnes)\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\nQ1\n\n\n \n\n\nQ2\n\n\n \n\n\nYTD \n2014\n\n\n\n\nPinto Valley\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\nCopper in concentrates\n\n\n16,700\n\n\n \n\n\n16,900\n\n\n \n\n\n33,600\n\n\n\n\n \n\n\nCopper cathode\n\n\n600\n\n\n \n\n\n500\n\n\n \n\n\n1,100\n\n\n\n\n \n\n\nPinto Valley Total\n\n\n17,300\n\n\n \n\n\n17,400\n\n\n \n\n\n34,700\n\n\n\n\nCozamin\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\nCopper in concentrates\n\n\n5,100\n\n\n \n\n\n5,200\n\n\n \n\n\n10,300\n\n\n\n\nMinto\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\nCopper in concentrates\n\n\n5,200\n\n\n \n\n\n5,100\n\n\n \n\n\n10,300\n\n\n\n\nTotal Copper production(1)\n\n\n27,600\n\n\n \n\n\n27,700\n\n\n \n\n\n55,300\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nTotals may not add due to rounding. (1) Total production includes copper\n in concentrate and cathode production.\n\n\n\"At the midway mark of the year our copper production is on plan with\n all operations performing well,\" said Darren Pylot, President and CEO\n of Capstone. \"With operations at Pinto Valley now fully ramped up and\n essentially stabilized at targeted throughput rates we can direct all\n of our focus on continued cost and business improvements at Pinto\n Valley.\"\n\n\nOperational Highlights\n\n\n\nPinto Valley grade and recoveries more than offset lower than planned\n throughput. One of the six ball mills was down for 25 days in May, as a\n r...