VANCOUVER, April 1, 2015 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX: CS) today published its inaugural sustainability report, titled "Sustainable Thinking, From the Ground Up."
"Capstone's Board of Directors' formalized a clear commitment to sustainability last year with the approval of an integrated Environmental, Health, Safety and Sustainability Policy," said Darren Pylot, President and CEO of Capstone. "The process of compiling this report is Capstone's first step in applying the same rigour and transparency on sustainability performance reporting as we do for financial performance reporting."
"Building from our first report we intend to develop our reporting as more systems are put in place to support meaningful performance targets that help manage our impacts. Our goal for this report is to help our stakeholders gain a better understanding of Capstone, our values, our operations and our path forward," continued Mr. Pylot.
In order to minimize environmental waste, the 2014 report was published online in digital format and is available in both English and Spanish on our website at http://capstonemining.com/responsibility/Overview/default.aspx.
About Capstone Mining Corp.
Capstone Mining Corp. is a Canadian base metals mining company, focused on copper. We are committed to the responsible development of our assets and the environments in which we operate. Our three producing mines are the Pinto Valley copper mine located in Arizona, US, the Cozamin copper-silver mine in Zacatecas State, Mexico and the Minto copper mine in Yukon, Canada. In addition, Capstone has two copper development projects; the large scale 70% owned copper-iron Santo Domingo project in Region III, Chile, in partnership with Korea Resources Corporation, and the 100% owned copper-zinc Kutcho project in British Columbia, Canada, as well as exploration properties in Chile. Using our cash flow and strong balance sheet as a platform, Capstone's strategy is to extend the lives of our current mines with mineral resource and reserve expansions, to advance the Santo Domingo development project, conduct focused exploration and grow through acquisitions in politically stable, mining-friendly regions. We will pace our growth with our financial capacity, ensuring we retain, as a priority, sufficient financial flexibility to meet the requirements of our existing operations and our committed development projects, while maintaining an adequate cushion to deal with market volatility and operating risks inherent in the mining industry. Our headquarters are in Vancouver, Canada and we are listed on the Toronto Stock Exchange (TSX). Further information is available at www.capstonemining.com.
SOURCE Capstone Mining Corp.
For further information: Cindy Burnett, VP, Investor Relations and Communications, 604-637-8157, [email protected]