Fund managers including Milford Asset Management, Clime Investment Management, PM Capital, Antares Capital, Pendal Group, Ten Cap, LSN Capital Partners, Yarra Capital Management, Perennial Partners, Hyperion Asset Management, Ellerston Capital, Katana Asset Management, Oracle Advisory Group, Longwave Capital, Cadence Capital and Sage Capital have invested in Capstone Copper Corp CDI (ASX:CSC).

Managers highlight record copper prices driven by AI, data centre and electrification demand, recovery after labour disruption at Mantoverde, and Hyperion's view of copper as a key materials exposure.

PM Capital trimmed as valuations now reflect higher copper prices, and earlier noted a sharp share price fall tied to labour disruption at Mantoverde. Earnings are highly leveraged to copper prices.

Capstone Copper Corp., headquartered in Vancouver, Canada, is a copper mining and exploration company founded on August 18, 2015. The company operates a diverse portfolio of assets, including the Pinto Valley copper mine in Arizona, USA, and the Cozamin copper-silver mine in Zacatecas, Mexico. In Chile, operations include the Mantos Blancos copper-silver mine, the Mantoverde copper-gold mine, and the Santo Domingo copper-iron-gold project. Capstone Copper focuses on the extraction and development of these key copper-producing assets across North and South America.