Despite lower Q3 output, Capstone cuts FY cost guidance as key mines overcome challenges

Base metals producer Capstone Mining is on track to meet its 2015 production guidance and to beat its C1 cash cost guidance despite a 16% drop in copper output for the three months ended September. The TSX-listed company, with mines in Canada, the US and Mexico, on Tuesday reported consolidated output of 22 100 t of copper for the three months ended September 30 and 66 900 t of copper in concentrate and cathode in the year-to-date periods, with additional by-products of zinc, molybdenum, lead, silver and gold.