Capstone Reports Solid 2012 First Quarter Financial Results Continuing to Strengthen Balance Sheet
Capstone Mining Corp. today announced its financial results for the three months ended March 31, 2012. Net earnings for the quarter were $15.7 million and cash flow from operating activities was $17.8 million. Capstone ended the quarter with cash on hand of $501.7 million and no debt. Copper production for the quarter at Capstone’s two operating mines, Cozamin and Minto, totalled 18.6 million pounds of copper in concentrates at a total cash cost(1) of $1.45 per payable pound.









