https://www.miningweekly.com
Business|Copper|Exploration|PROJECT|Resources|Maintenance
Business|Copper|Exploration|PROJECT|Resources|Maintenance
business|copper|exploration|project|resources|maintenance

Capstone streamlines organisational structure

9th November 2018

By: Creamer Media Reporter

     

Font size: - +

Base metals miner Capstone has announced reductions within its organisational structure, including changes to its senior executive team.

The changes include eliminating 35% of positions from its head office in Vancouver, which would reduce corporate general and administrative expenses by about $5-million a year.  

"These changes will help us streamline support to our operating teams, as well as drive a sense of ownership, with each operation functioning as an independent business unit. The corporate team will focus on the significant organic growth opportunities within our portfolio," said president and CEO Darren Pylot

As a part of the executive leadership transition, senior VP and COO Gregg Bush will retire from the company at the end of the year. The role will not be filled at this time.

Capstone owns the Pinto Valley copper mine in Arizona, US, and the Cozamin polymetallic mine in Zacatecas state, Mexico.

In addition, Capstone has the large-scale 70%-owned copper/iron Santo Domingo development project in Region III, Chile, in partnership with Korea Resources Corporation, the Minto copper mine in Yukon, Canada currently on care and maintenance, as well as a portfolio of exploration properties.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 
AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.176 0.211s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: