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Capstone Copper Corp. (ASX:CSC)

ALERT: Price-sensitive ASX Announcement for CSC
Current share price for CSC : $14.960 2.18 (17.06%)+
Announcement
Release
31 Jul 2026 8:28AM
Price at Release
$12.780
Full Release
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Summary
Capstone Copper Corp. reported its financial results for the second quarter of 2026, highlighting record revenue and adjusted EBITDA, driven by higher realized copper prices and increased mining operation earnings. The company produced 51,759 tonnes of copper with C1 cash costs of $2.82 per pound. The Mantoverde mine achieved record sulphide production, while other operations faced challenges such as lower grades and unplanned maintenance. Capstone is advancing growth projects, including the Mantoverde Pyrite Augmentation and Santo Domingo projects, aimed at expanding production and reducing costs. The company maintains its 2026 production and cost guidance amidst a strong copper market.
Key Points
  • Record adjusted EBITDA of $354 million in Q2 2026.
  • Record revenue of $739.7 million, with a realized copper price of $6.22/lb.
  • Copper production totaled 51,759 tonnes, with C1 cash costs of $2.82 per pound.
  • Mantoverde achieved record sulphide production, with 18,190 tonnes.
  • Challenges at Mantos Blancos and Pinto Valley due to lower sulphide grades and unplanned maintenance.
  • Advancement of Mantoverde Pyrite Augmentation and Santo Domingo projects.
  • Full-year guidance for 2026 remains unchanged despite market pressures.
  • Proactive management of input-cost pressures, including hedging diesel costs.
  • Continued focus on sustainability and resource development.
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.