Re: Quellaveco vs Schaft Creek
in response to
by
posted on
Feb 18, 2012 06:03PM
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%)
You just can't use this one for a comparison. I excluded it from my study for a number of reasons.
If you think water is an issue just wait till the people get started. Most of the world doesn't know this but a lot of mines are putting up barbed wrie fences and having to duck pot shots. The gov't will have to tax a lot more and the mines will have to shell out for local safety. CBC Radio did a good piece on mining and the trend in these countries is getting worse fast not better.