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Capstone Copper dips as Chile strike impacts production

ReutersJan 22, 2026 6:37 PM

Shares of miner Capstone Copper CS.TO down ~4% at C$14.1

Production at co's Mantoverde copper and gold mine in northern Chile has halted due to shutdown of its desalination plant amid a nearly three-week labor strike

Brokerage National Bank Of Canada Capital Markets estimates that a week of strike with no production will have an impact of US$11.8 million

Capstone says a takeover of the plant by workers had begun on Sunday evening

In 2025, CS was up 55%

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