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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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Peru abandons Newmont’s $4.8 billion Conga http://www.vette350.com/2012/08/peru-abandons-newmonts-48-billion-conga.html?spref=tw Newmont is about to lose its goal of achieving 7 million ounces of annual gold production by 2017 http://www.vette350.com/2012/08/peru-suspends-newmonts-minas-conga.html?spref=tw Most of Peru region opposes Newmont mine http://www.vette350.com/2012/08/most-of-peru-region-opposes-newmont-mine.html
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