---
title: "Report: Capstone Hires Scotiabank to Divest Mexican Copper Mine"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282248967.md"
description: "Capstone Copper Corp. is seeking to sell its Cozamin copper mine in Mexico to focus on developing its operations in Chile. The company has hired Scotiabank to initiate the sales process for the mine, which is valued at approximately $400 million and is considered one of Capstone's smaller assets. This move is part of a recent wave of copper transactions"
datetime: "2026-04-09T21:00:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282248967.md)
  - [en](https://longbridge.com/en/news/282248967.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282248967.md)
---

# Report: Capstone Hires Scotiabank to Divest Mexican Copper Mine

Canadian miner Capstone Copper Corp. is seeking to sell a copper mine in Mexico to focus its growth efforts in Chile, according to people familiar with the matter. This move adds to a recent wave of transactions involving the red metal (copper). The company has hired Scotiabank to launch the sales process for the Cozamin underground mine, which also produces silver. The mine, reportedly one of Capstone's smaller assets, is valued at about $400 million. (Bloomberg)

### Related Stocks

- [CAPS.US](https://longbridge.com/en/quote/CAPS.US.md)
- [ICOP.US](https://longbridge.com/en/quote/ICOP.US.md)
- [SCCO.US](https://longbridge.com/en/quote/SCCO.US.md)
- [FCX.US](https://longbridge.com/en/quote/FCX.US.md)
- [COPX.US](https://longbridge.com/en/quote/COPX.US.md)

## Related News & Research

- [KGHM Enters Into Farm-Out Agreement With Minera Freeport-Mcmoran South America For Copper Exploration In Chile](https://longbridge.com/en/news/285498333.md)
- [$1000 Invested In Southern Copper 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/285753612.md)
- [METALS-London copper rises to three‑month peak on ceasefire hopes](https://longbridge.com/en/news/285683782.md)
- [Freeport says Grasberg recovery not delayed until 2028, stands by 2027 forecast](https://longbridge.com/en/news/285983353.md)
- [Taiwan Semiconductor, Freeport-McMoRan And More On CNBC's 'Final Trades'](https://longbridge.com/en/news/286100384.md)