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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: Re: Copper cost

Oct 24, 2012 11:48AM
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Oct 24, 2012 11:51AM
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Oct 24, 2012 12:14PM

Operating profit, gross profit, and net income are not all the same metrics. I believe the costs Teck provides would be operating profit which accounts for all on site costs of production. Gross profit would be lower than operating profit because it would include head office overhead and similar costs. Net income would be profit after everything (taxes, accounting adjustments, etc)

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Oct 24, 2012 12:24PM
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