Capstone Copper Outlines Santo Domingo FID for Q1 2027 and Forecasts Low Net Leverage
Capstone Copper (TSX:CS) has provided a strategic update regarding its development pipeline, specifically targeting a Final Investment Decision (FID) for the Santo Domingo project in the first quarter of 2027. Following the anticipated closure of the Cozamin sale, the company expects to significantly strengthen its balance sheet, forecasting net leverage to drop to approximately 0.2x. In terms of recent operational performance, Capstone reported producing 45,200 tonnes of copper during Q3 with consolidated C1 cash costs of $2.95 per pound. While the company expects to finish the current period at the low end of its production guidance, the focus remains on long-term growth through project development and debt reduction.