Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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: View on Copper
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View on Copper
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Orcinus
Mar 12, 2013 12:18PM

The average production costs for the copper industry is obviously rising. From that chart, it looks like an average of $5000 per tonne of copper or even higher. That works out to about $2.27 per lb. Schaft is pegged at $2.09 IIRC. I think that is where Teck would want a big play to be, below the average industry cost. jmho

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