OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor CSC ASX

Capstone Copper Corp.

Producer · Copper · Gold · Silver · Iron Ore · CL · US · MX Rating locked: sign in to view v8 · csc-20261024t165232-full
Last 2026-11-06
A$11.04
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$8.5B
EV
A$9.6B
Cash
US$367.1M
Debt
US$1.3B
3 newer ASX announcements not yet reflected in this valuation

Portfolio detail

Assets

7 assets

Core asset

Mantoverde

CL

Producer70% ownedCopperGold

Active

Producer · Producer
Production annualised (attributable)
65.8k td
Production (last FY, 100%)
95.1k t
AISC (latest quarter)
—
AISC margin at spot
—
Delivery vs guidance
NM
Reserve life
23.4 yrsd
Head grade
0.6%
Resources & reserves13
TypeCategoryQuantityGradeContained mineralsDate
Mineral Resourcetotal 1.6B t0.3448636028508233 %Copper2025-12-31
Mineral Resourcemeasured_indicated 989.6M t0.345392077607114 %Copper2025-12-31
Mineral Resourcereported_measured_indicated sulphide495.1M t0.46 %Copper2025-12-31
Mineral Resourcemeasured sulphide174.9M t0.56 %Copper2025-12-31
Mineral Resourceindicated sulphide320.2M t0.41 %Copper2025-12-31
Mineral Resourceinferred sulphide550.1M t0.37 %Copper2025-12-31
Mineral Resourcereported_measured_indicated mixed68.4M t0.39 %Copper2025-12-31
Mineral Resourceinferred mixed19.8M t0.29 %Copper2025-12-31
Mineral Resourcereported_measured_indicated heap141M t0.32 %Copper2025-12-31
Mineral Resourceinferred heap8.1M t0.28 %Copper2025-12-31
Mineral Resourcereported_measured_indicated dump285.1M t0.15 %Copper2025-12-31
Mineral Resourceinferred dump60M t0.13 %Copper2025-12-31
Ore ReserveProven plus Probable580M t0.3833% CuCopper2025-12-31

Material

Mantos Blancos

CL

Producer99.99% ownedCopperSilver

Active

Producer · Producer
Production annualised (attributable)
49.9k td
Production (last FY, 100%)
61.9k t
AISC (latest quarter)
—
AISC margin at spot
—
Delivery vs guidance
NM
Reserve life
10.0 yrsd
Head grade
0.7%
Resources & reserves9
TypeCategoryQuantityGradeContained mineralsDate
Mineral Resourcetotal 322.4M t0.4326923076923077 %Copper2025-12-31
Mineral Resourcemeasured_indicated 239.6M t0.5137729549248747 %Copper2025-12-31
Mineral Resourcereported_measured_indicated sulphide172.3M t0.62 %Copper2025-12-31
Mineral Resourcemeasured sulphide77.5M t0.7 %Copper2025-12-31
Mineral Resourceindicated sulphide94.8M t0.56 %Copper2025-12-31
Mineral Resourceinferred sulphide15.1M t0.48 %Copper2025-12-31
Mineral Resourcereported_measured_indicated oxide67.3M t0.23 %Copper2025-12-31
Mineral Resourceinferred oxide67.7M t0.14 %Copper2025-12-31
Ore ReserveProven plus Probable102.2M t0.6057% CuCopper2025-12-31

Material

Pinto Valley

US

Producer100% ownedCopperSilver

Active

Producer · Producer
Production annualised (attributable)
40.2k td
Production (last FY, 100%)
42.4k t
AISC (latest quarter)
—
AISC margin at spot
—
Delivery vs guidance
NM
Reserve life
22.5 yrsd
Head grade
0.3%
Resources & reserves7
TypeCategoryQuantityGradeContained mineralsDate
Mineral Resourcetotal 1.5B t0.28995603652350355 %Copper2025-12-31
Mineral Resourcemeasured_indicated 1.3B t0.29088601925804286 %Copper2025-12-31
Mineral Resourcereported_measured_indicated all1.3B t0.29 %Copper2025-12-31
Mineral Resourcemeasured all641.6M t0.32 %Copper2025-12-31
Mineral Resourceindicated all698.1M t0.26 %Copper2025-12-31
Mineral Resourceinferred all138.8M t0.28 %Copper2025-12-31
Ore ReserveProven plus Probable300.2M t0.32% CuCopper2025-12-31

Material

Cozamin

MX

Producer100% ownedCopperSilver

Pending disposal, current ownership unchanged

Producer · Producer
Production annualised (attributable)
23.0k td
Production (last FY, 100%)
25.3k t
AISC (latest quarter)
—
AISC margin at spot
—
Delivery vs guidance
NM
Reserve life
3.7 yrsd
Head grade
1.9%
Resources & reserves7
TypeCategoryQuantityGradeContained mineralsDate
Mineral Resourcetotal 31.1M t1.0399896966965032 %Copper2025-12-31
Mineral Resourcemeasured_indicated 17.5M t1.2906173262520702 %Copper2025-12-31
Mineral Resourcereported_measured_indicated all17.5M t1.29 %Copper2025-12-31
Mineral Resourcemeasured all443K t1.31 %Copper2025-12-31
Mineral Resourceindicated all17.1M t1.29 %Copper2025-12-31
Mineral Resourceinferred all13.5M t0.72 %Copper2025-12-31
Ore ReserveProven plus Probable6.7M t1.4% CuCopper2025-12-31

Material

Santo Domingo

CL

DFS Unfunded Developer100% ownedCopperGoldIron Ore

Currently100%owned; conditional Orion25%sale included prospectively in development valuation and funding. Engineering/capital/financing update outstanding.

Developer · DFS unfunded developer
Study
Updated Feasibilitys
Post-tax NPV (study prices, attributable)
US$1.7bd
NPV restated at our deck (attributable)
Locked
IRR
24.1%s
Initial capex (100%)
US$2.3bs
Capital intensity
US$35,519/(t/yr)d
LoM AISC
—
Mine life
19.0 yrss
Published study economicsIssuer or study metrics
NPVUS$1.7B8% discount
IRR24.1%Published return
Initial capexUS$2.3BPublished capital estimate
Operating cost1.59USD/lb copper equivalent C1 co-product

100% 2024 feasibility in2023 dollars; by-product C1 0.33 is not AISC; study includes stream burden.

Resources & reserves7
TypeCategoryQuantityGradeContained mineralsDate
Mineral Resourcetotal 777M t0.2806949806949807 %Copper2024-03-31
Mineral Resourcemeasured_indicated 547M t0.31151736745886655 %Copper2024-03-31
Mineral Resourcereported_measured_indicated all547M t0.31 %Copper2024-03-31
Mineral Resourcemeasured all134M t0.51 %Copper2024-03-31
Mineral Resourceindicated all413M t0.25 %Copper2024-03-31
Mineral Resourceinferred all230M t0.21 %Copper2024-03-31
Ore ReserveProven plus Probable436.1M t0.33% CuCopper2024-03-31
Economic studies1
StudyStageStatusDateSummary
2024 Updated FeasibilityUpdated FeasibilityCurrent2024-07-3119-year life; US1.72b posttax NPV8 at Cu4.10/lb and initial2.32b in2023 dollars. Estimate refresh required beforeFID.

Other

Sierra Norte

CL

Discovery Drill Stage100% ownedCopperSilver

Conditional25%Orion partnership not closed

Exploration · Discovery drill stage
Ownership
100%
Commodity
Cur
Country
CLr
Best recent intercept (grade x width)
—
Metres drilled (12M)
—
Exploration spend (12M)
—

Other

San Pietro

CL

Resource Stage100% ownedCopperGold

Active

Resource / scoping · Resource stage
Contained metal (attributable)
1.1m td
Resource grade
0.2%
% Measured + Indicated
0%d
Resource tonnes
492.00 Mt
Our value per attrib. contained unit
Locked
Mining method
—
Resources & reserves1
TypeCategoryQuantityGradeContained mineralsDate
Mineral Resourcetotal 492M t0.23 %Copper2025-01-24

d derivedr our researchg guidances study forecastm daily marketNo marker: as reported— / NM missing or not meaningful (hover for why)