Someone mentioned a week or so back that Teck's cost per LB. to mine copper as an average from their mines owned was $1.26 per LB.If my memory here of the number is incorrect or if I have misrepresented what they were referring to , could someone please let me know this figure.

Operating performance was weaker for copper, Teck's second-largest business. Production volumes fell to 179 million pounds in the quarter from 196 million pounds in the fourth quarter of 2011 principally because of lower ore grades at Highland Valley in Canada (30% of 2011 copper production) and bad weather at Quebrada Blanca in Chile (20%). Weighted average unit cash costs across Teck's four copper mines was $1.60 a pound after credits for the quarter, ranking Teck's copper operations as the highest cost among the major producers we cover, but nonetheless solidly profitable at prevailing copper prices ($3.77 a pound average in the first quarter, $3.66 a pound as of April 24).