Capstone Copper Sells 25% Stake in Chile Projects to Orion for $360M

Post Views: 357 Santo Domingo and Sierra Norte copper projects Capstone Copper’s Strategic Sale to Orion Enhances Chile Project Funding Capstone Copper agreed to sell a 25% stake in its Santo Domingo and Sierra Norte copper projects in Chile to Orion Resource Partners. The deal is worth up to $360 million. This move lowers Capstone’s upfront capital needs. It also boosts funding for development across the Mantoverde–Santo Domingo district in Chile’s Atacama region. Orion will pay $225 million after a positive final investment decision (FID). They will contribute an additional $75 million withi...