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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: Copper May Be 'Unimaginably' High in 3 Years, Goldman Says
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Copper May Be 'Unimaginably' High in 3 Years, Goldman Says
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cuuvette350
Oct 28, 2011 03:46PM
***CUU....2008 metal prices and pit plan: Negative 32 cents cost production.

"We've tracked the top 20 developing copper mines worldwide and found that costs of production are climbing while quality of mines are deteriorating," said Goldman's Zhu. "One mine in northern Peru I saw recently has cost of $9,000 a ton.

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