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Luca Mining to acquire Capstone's Cozamin Mine

PRIVATEOct 14, 2026

Acquiring Company

Luca Mining

Acquired Company

Capstone Copper

VancouverVancouverOtherMiningPrecious MetalsMineralMining TechnologyMiningPrecious MetalsMineralMining Technology

Description

Luca Mining Corp. has announced its proposed acquisition of Capstone Copper's Cozamin Mine. To finance this acquisition, Luca has completed a private placement, raising C$155 million. The proceeds will help fund the cash portion of the acquisition's consideration. The acquisition is expected to close by February 28, 2027, subject to certain conditions.

Company Information

Company

Luca Mining

Location

Vancouver, British Columbia, Canada

About

Luca Mining Corp. (“Luca” (TSX-V: LUCA | OTCQX: LUCMF | FSE: Z68) and EnviroGold Global Limited (CSE:NVRO | OTCQB:ESGLF | FSE:YGK) (“EnviroGold Global”), a clean technology company accelerating the world’s transition to a circular-resource economy, are pleased to announce the signing of a Memorandum of Understanding (“ MOU”), dated 1st August 2023, to process the tailings at Luca’s 100% owned Campo Morado Mine in Guerrero State, Mexico (the “Project”). The scope of the initial project is to evaluate the reprocessing of the historical Campo Morado (“Campo”)tailings that are currently being stored in Campo’s original tailings storage facility. These tailings contain approximately 3,290,622 tonnes @ 1.32% Zn, 0.3%Cu, 0.49%Pb, 1.57g/t Au, and 94 g/t Ag (based on Luca’s internal company estimate from historical production records).   EnviroGold and Luca will work together

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Frequently asked

Who acquired Capstone Copper?

Capstone Copper was acquired by Luca Mining, based in Vancouver. The deal was reported on October 14, 2026. Luca Mining Corp. Luca Mining is privately held and operates in Other.

When did Luca Mining acquire Capstone Copper?

Luca Mining's acquisition of Capstone Copper was reported on October 14, 2026. Luca Mining Corp. has announced its proposed acquisition of Capstone Copper's Cozamin Mine. To finance this acquisition, Luca has completed a private placement, raising C$155 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Capstone Copper do?

Capstone Copper Corp. is an Americas-focused copper mining company headquartered in Vancouver, Canada. The company operates multiple mines across the Americas, including in the USA, Mexico, and Chile. It is publicly traded (CSCCY), operating in Mining, and is based in Vancouver.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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