April 28 (Reuters) - Capstone Mining Corp CS.TO :
* CAPSTONE REPORTS FIRST QUARTER 2020 RESULTS
* QTRLY COPPER PRODUCTION TOTALED 35.5 MILLION POUNDS OF COPPER AT CONSOLIDATED C1 CASH COSTS OF $2.05 PER PAYABLE POUND PRODUCED
* TAKING ALL STEPS NECESSARY TO BE ABLE TO QUICKLY AND SAFELY RAMP PRODUCTION BACK UP TO FULL CAPACITY BY MAY 18, 2020
* QTRLY REVENUE $70.4 MILLION VERSUS $108.9 MILLION
* CAPSTONE MINING - WITHDREW FY2020 PRODUCTION GUIDANCE, DUE TO COZAMIN'S TEMPORARY RAMP DOWN OF OPERATIONS,ONGOING UNCERTAINTY REGARDING COVID-19
* CAPSTONE MINING - CAPSTONE HAS TAKEN PRUDENT FINANCIAL MEASURES TO REDUCE DISCRETIONARY CAPITAL AND EXPLORATION EXPENDITURES BY $32 MILLION IN 2020
* Q1 REVENUE VIEW $82.1 MILLION -- REFINITIV IBES DATA