Capstone Mining completed the merger with Mantos Copper in a $3.3bn deal.

Capstone Mining, a metals mining company, completed the merger with Mantos Copper, a copper-producing company, in a $3.3bn deal. “I am delighted by the opportunity to lead Capstone Copper at this exciting time and to help deliver on a truly transformational growth story. I am incredibly passionate about helping to build a Canadian-based copper champion from a solid foundation of long-life assets with a strong presence in South America, having spent over ten years of my professional mining career in Chile. Over the past decade, I’ve closely monitored the progress at Santo Domingo and I see meaningful district scale synergies with Mantoverde as well as further expansion opportunities throughout the combined portfolio. I firmly believe that copper is an essential component of the global economy’s transition to net zero, and Capstone Copper will play an important role in its delivery in a sustainable and responsible manner,” John MacKenzie, Mantos Executive Chairman and Founder.