Capstone Copper dips as Chile strike impacts production

Capstone Copper

22/01/2026 18:37

** Shares of miner Capstone Copper CS.TO down ~4% at C$14.1

** Production at co's Mantoverde copper and gold mine in northern Chile has halted due to shutdown of its desalination plant amid a nearly three-week labor strike

** Brokerage National Bank Of Canada Capital Markets estimates that a week of strike with no production will have an impact of US$11.8 million

** Capstone says a takeover of the plant by workers had begun on Sunday evening

** In 2025, CS was up 55%

 (Reporting by Dharna Bafna in Bengaluru)

 ((Dharna.bafna@thomsonreuters.com))