Business
Capstone Mining Resumes Production at Cozamin Mine in Zacatecas, Mexico
VANCOUVER , June 9, 2014 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX: CS) reports th...
About this update from Capstone Copper Corp.
[{"type":"text","content":"\n\n\nVANCOUVER, June 9, 2014 /CNW/ - Capstone Mining Corp. (\"Capstone\") (TSX:\n CS) reports that production has resumed at its Cozamin Mine in\n Zacatecas, Mexico following a brief stand down after an accident which\n occurred on June 5th.\n\n\nInvestigations continue and the accident scene has been barricaded.\n Normal operations have resumed in all other areas of the mine after a\n review of all active underground faces confirmed that operating\n conditions are safe. The shortfall in production from the 3 day\n shutdown is not expected to affect production guidance for 2014.\n\n\nAbout Capstone Mining Corp.\n\n\nCapstone Mining Corp. is a Canadian base metals mining company, focused\n on copper. We are committed to the responsible development of our\n assets and the environments in which we operate. Our three producing\n mines are the Pinto Valley copper mine located in Arizona, US, the\n Cozamin copper-silver mine in Zacatecas State, Mexico and the Minto\n copper mine in Yukon, Canada. In addition, Capstone has two copper\n development projects; the large scale 70% owned copper-iron Santo\n Domingo project in Region III, Chile, in partnership with Korea\n Resources Corporation, and the 100% owned copper-zinc Kutcho project in\n British Columbia, Canada, as well as exploration properties in Chile\n and Mexico. Using our cash flow and strong balance sheet as a platform,\n Capstone's strategy is to continue to grow with mineral resource and\n reserve expansions and exploration, and through acquisitions in\n politically stable, mining-friendly regions. We will pace our growth\n with our financial capacity, ensuring we retain, as a priority,\n sufficient financial flexibility to meet the requirements of our\n existing operations and our committed development projects, while\n maintaining an adequate cushion to deal with market volatility and\n operating risks inherent in the mining industry. Our headquarters are\n in Vancouver, Canada and we are listed on the Toronto Stock Exchange\n (TSX). Further information is available at www.capstonemining.com.\n\n\nCautionary Note Regarding Forward-Looking Information\n\n\nThis document may contain \"forward-looking information\" within the\n meaning of Canadian securities legislation and \"forward-looking\n statements\" within the meaning of the United States Private Securities\n Litigat...