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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: Glencore negotiating with Jiangxi Copper
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So many Chinese companies looking to invest in foreign copper mines. $5 billion in Peru for Glencore's Las Bambas. Makes me wonder if CUU did in fact shop around for interested parties to buyout the 25% or 100% of Schaft Creek if Teck's price was not right.

http://www.ivcpost.com/articles/13875/20130823/jiangxi-copper-shows-interest-glencore-s-las-bambas-sources.htm

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