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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: Xstrata Copper Down

Xstrata reports an 18% drop in Q1 copper production

http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=150459&sn=Detail&pid=36

More good news for the demand versus supply situation on prices, I suspect.

GLTA

bbay

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May 01, 2012 10:24AM
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May 01, 2012 10:59AM
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