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Capstone Copper To Sell Cozamin Mine To Luca Mining For Upto $385 Million

Source: Nasdaq

M&A & RestructuringCommodities & Raw MaterialsCompany Fundamentals

Capstone Copper agreed to sell its Cozamin copper-silver-zinc-lead mine to Luca Mining for total consideration of up to $385 million. The transaction is a notable portfolio restructuring for both companies, providing Capstone with potential proceeds while expanding Luca's exposure to base and precious metals.

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