Re: Question about Andean Takeover
in response to
by
posted on
May 30, 2012 01:35PM
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%)
Quellaveco
2010 M&I mineral resource of 823.8 Mt @ 0.44 Cu (3.68 bil pounds) with 183 Mt Inferred at 0.45 (828 Mil pounds) That 4.5 Bil pounds Cu total.
Quellaveco:
Planned copper mine in Peru
Quellaveco, a large copper mining project in southern Peru that Anglo has been developing for more than 15 years, has been strongly criticized by environmental groups. Friends of the Earth International (FoEI) has warned that local agriculture and cattle raising in the highly arid area could be seriously harmed by the enormous amount of water the mine would require. FoEI’s critique was based on an independent http://www.cdca.it/IMG/pdf/quellavecostudy_1_.pdf