Capstone Copper (ASX:CSC) has resumed operations at its Mantoverde mine in Chile, following a forced shutdown caused by restricted access to its critical desalination plant.
While technical operations have restarted, the site continues to grapple with labour tensions as Union #2, representing roughly 22% of the workforce, remains on a strike that began Jan 2.
Despite the ongoing industrial action, the Vancouver-based miner expects to maintain production levels between 50% to 75% of normal capacity.
The company emphasised its commitment to a peaceful resolution, inviting union leadership to return to constructive dialogue while maintaining strict adherence to Chilean legal procedures.
Capstone's management reiterated that they remain dedicated to transparency and the welfare of the local Atacama community throughout this period of friction.
As one of the company's four primary operating assets in the Americas—alongside sites in Arizona, Mexico, and the Antofagasta region—Mantoverde remains a cornerstone of Capstone's copper-gold portfolio.
Investors are keeping a close watch on the situation, as the mine’s steady output is vital to Capstone's broader growth strategy, which includes the nearby Santo Domingo Project.
At the time of reporting, Capstone Copper’s share price was $16.16.