Capstone Mining Reports Third Quarter Net Income of $11.2 Million

http://www.kitco.com/pr/1738/article_10252016171217.pdf

Vancouver, British Columbia – Capstone Mining Corp. (“Capstone” or the “Company”) (TSX: CS) today announced its financial results for the three and nine months ended September 30, 2016. Operating cash flow before changes in working capital1 for the quarter was $41.5 million or $0.11 per share, with net income of $11.2 million. Copper production for the quarter totalled 32,027 tonnes (30,939 tonnes of payable copper) at a C1 cash cost1 of $1.32 per payable pound produced with copper sales for the quarter of 30,359 tonnes at a C1 cash cost1 of $1.49 per payable pound sold.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s