Orion Resource Partners to acquire a 25% stake in Santo Domingo and Sierra Norte from Capstone Copper for $360m.

Orion Resource Partners, an investment firm, agreed toacquire a 25% stake in Santo Domingo and Sierra Norte from Capstone Copper for $360m. “Santo Domingo represents the next pillar of transformational growth in the world-class district we are building in the Atacama region of Chile. Backed by industry-competitive capital intensity and first quartile cash costs6, Santo Domingo is key to continuing our growth trajectory and leadership in the critical minerals industry, led by long-life, low-cost, responsible, and safe production. Our same team that successfully built and ramped-up Mantoverde will support construction and ramp-up of Santo Domingo, which is 35 kilometres away from Mantoverde,” Cashel Meagher, Capstone’s President and Chief Executive Officer.