Canada's Capstone Copper announces $3 billion investment plan in Chile
26/10/2026 18:54
Canada's Capstone Copper announces $3 billion investment plan in Chile MEXICO CITY, Oct 26 (Reuters) - Canadian miner Capstone Copper CS.TO on Monday announced a $3 billion investment plan in Chile's Atacama region, according to Chile's mining ministry.
The investment plan, which will allocate $2.3 billion to the Santo Domingo project and a further $220 million to two short-term projects at Mantoverde, is expected to double Capstone's copper production in the country by 2031. Construction at Santo Domingo will require more than 8,000 workers at its peak, the ministry said.
(Reporting by Iñigo Alexander, Editing by Daina Beth Solomon)
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