Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Production / Operations

Capstone Copper Provides Update on Labour Negotiations at Mantoverde Operation

By The Northwire Desk — AI Analysis Jan 01, 2026 · 19:20 CS · 13.78 Capstone Copper Corp.
CS · Price

Executive Summary

  • Union #2, representing ~50% of Mantoverde Mine employees (22% of total workforce), will commence strike action on January 2 2026.
  • Capstone expects production at Mantoverde to be reduced to up to 30% of normal levels during the strike.
  • The company remains open to negotiations and will continue to operate safely while complying with legal requirements.

Key Details

  • Union #2 covers approximately 1,270 employees (≈550 local community members) out of a total Mantoverde workforce of ~2,940 (including ~1,670 contractors).
  • Prior to the strike, Capstone attempted in‑good‑faith negotiations for a new collective bargaining agreement with Union #2.
  • The three other unions at Mantoverde successfully negotiated three‑year agreements during 2025; only Union #2 remains without an agreement.
  • During the strike, activities will be “gradually reduced in a safe manner,” with production limited to ≤30% of normal output.
  • Capstone reiterates willingness to meet with union representatives and to provide requested information to authorities.
  • The company highlights its commitment to integrity, transparency, and responsible mining for workers and surrounding communities.
  • 2024 economic contribution: $682 million delivered to Chile, including $136 million in employee wages and benefits.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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Earnings