Capstone Copper to Invest More Than US$26 Million in Zacatecas

During a successful visit to Canada aimed at bolstering the mining sector, Zacatecas Governor David Monreal led the signing of a Collaboration Agreement for the Development of Local Suppliers. Additionally, he inaugurated the Tailings Filtration Plant and Paste Fill Plant at the Cozamin-Capstone Copper Mining Unit, a project with an investment of over MX$450 million (US$26 million).

Capstone Copper, a Canadian company, contributes to the extraction of precious and industrial metals, including copper reserves in Zacatecas. The company's corporate policies prioritize contractor management, supplier development and local job creation. With the inauguration of the new plant, the company generates 533 direct and 430 indirect jobs.

Capstone Copper executives, representatives from Mexico's Center of Competitiveness (CCMX) and the Zacatecas Ministry of Economy (Sezac) attended the event. "Today is a special day for Zacatecas, Capstone Copper, workers and SMEs that will have the opportunity to join the list of mining suppliers in the region," expressed Governor David Monreal.

The governor extended his appreciation to the Canadian government for its commitment to collaborate with Zacatecas, as expressed by Ambassador Graeme C. Clark during a recent visit. This collaboration has resulted in an academic, commercial, touristic and cultural exchange between Zacatecas and Canada, following a work agenda led by the Ministries of Economy and Agriculture in Canada.

Governor Monreal emphasized the significance of agriculture and livestock for Zacatecas and the potential benefits of knowledge exchange through the University of Saskatchewan. This exchange could yield improved practices and technologies for livestock production, further enhancing Zacatecas' already remarkable livestock industry.

Regarding mining, which is one of the four pillars for economic development and prosperity in Zacatecas, Governor Monreal lauded the collaboration agreement, which has already benefited over 300 local businesses in just two years. These businesses now offer their services and products to mining companies operating in the state.

Governor Monreal invited local businesses, graduates and small entrepreneurs to participate in this supplier development strategy, as it would contribute to strengthening the supply chain and bolstering the economic prosperity of Zacatecas families. Monreal also inaugurated the Tailings Filtration Plant and Paste Fill Plant at the Cozamin-Capstone Copper Mining Unit, an achievement stemming from agreements with the Canadian government. The plant is expected to boost economic development and improve the well-being of Zacatecas' residents.