Capstone Copper (ASX:CSC) reported consolidated copper production of 53,942 tonnes at a cash cost of $2.55 to $2.60 per payable pound of copper in the December quarter, up from 47,460 tonnes at $2.83 per payable pound of copper in the previous quarter, according to a Tuesday filing with the Australian bourse.
Consolidated copper production for the fiscal year was 184,458 tonnes at $2.75 to AU$2.80 per payable pound of copper, up 12% from last year, the filing said.
For fiscal 2025, the company expects to increase its previous production guidance of 220,000 tonnes of copper to 255,000 tonnes of copper by about 19% to 38%, the filing added.
While the cash costs guidance of $2.20 to $2.50 per payable pound of copper is expected to decrease by about 10%-20% from fiscal 2024, per the filing.
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