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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: Teck Resources Eearning Conference Call Comments
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Any of you more knowledgeable nuts and bolts mine guys, Chappy, Web Vette, whoever, have a comparison of the relative merits of QB and Schaft?

Yesterday they said QB2 would rank as Tecks's second-lowest cost operation at $1.08 a pound. This $1.08 cost would trend higher after the 1st 5 years as ore grades decline.

So using this info the cost of QB1 should be even higher than $1.08.

Compare that to Schaft Creeks's negative cost and higher grades as they move forward.

Yes, Teck has Antamina...but they only own 22% of it, and what is left of the mine life.

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