Capstone Copper's Commanding Copper Production Growth in 2025

Record-Breaking 2024 Production

Capstone Copper achieved record consolidated copper production of 184,458 tonnes with C1 cash costs of approximately $2.75 to $2.80 per payable pound of copper.

Promising Production Outlook for 2025

Forecasted production volumes of 220,000 to 255,000 tonnes in 2025 represent a potential increase of 19% to 38%, accompanied by a 10% to 20% reduction in C1 cash costs.

Executive Perspective

John MacKenzie, CEO of Capstone, highlights the company's record-breaking fourth quarter and its approach to expansion in 2025.

2025 Copper Production and Costs Guidance

Capstone Copper's 2025 guidance outlines production targets and expected C1 cash costs for each of its operating mines.

2025 Capital Expenditures Guidance

Capstone plans significant investments in 2025, totaling $315 million in sustaining and expansionary capital expenditures, including $80 million for ESG initiatives.

2025 Exploration Guidance

The company plans to allocate $25 million to exploration activities in 2025, focused on brownfield and greenfield projects.

Copper Cathode Hedging Strategy for 2025

Capstone has entered into zero-cost copper collars for 2025 to ensure break-even pricing on a portion of its higher-cost copper cathode production.

Upcoming 2024 Financial Results Release

Capstone's 2024 full-year results will be announced on February 19, followed by a conference call and webcast.