Report: Capstone hires Evercore to divest Mexican copper mine.

According to informed sources, Canadian mining company Capstone Copper Corp. is seeking to sell its copper mine in Mexico in order to focus its growth efforts in Chile. This move adds to the recent wave of frequent red metal transactions. The company has hired CIBC to initiate the sale process for the Cozamin underground mine, which also produces silver. The mine is said to be one of Capstone's smaller assets, valued at around $400 million.