Re: View on Copper

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Chappy726

Rank: President [?]

Points: 13889 [?]

Votes: 149 Score: 3.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: View on Copper

in response to

View on Copper

Orcinus

posted on Mar 12, 2013 01:10PM

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

9 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply