Capstone Mining 2017 Financial Results – Generates $130 Million of Operating Cash Flow and Continues to Strengthen Balance Sheet

2017-Q4-Financial-Results-NR-FINAL

ancouver, British Columbia – Capstone Mining Corp. (“Capstone”) (TSX: CS) today announced its financial results for the three months and year ended December 31, 2017. For the three months ended December 31, 2017, operating cash flow before changes in working capital1 was $38.2 million or $0.10 per share, with net income of $29.5 million and adjusted net income of $4.4 million or $0.01 per share after adjusting for certain non-cash and non-recurring charges. Copper production totalled 23,417 tonnes (22,600 tonnes of payable copper) at a C1 cash cost1 of $1.98 per payable pound produced.

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