Re: Leftholdingthebag.
in response to
by
posted on
Aug 08, 2014 10:26PM
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%)
What they will 'find out' is that natural seismic events or overloading of hydrogeologic waterways can compromise current design specifications.
Existing infrastracture will face rigid scrutiny while new development economics will feel the brunt of increased regulation.
Most big mines are in seismically active areas, that's where the minerals come from. That's why, Chile, for example, has so many mines. Same as Indonesia. Teck is very used to mining under those conditions, as are most mining companies.
I don't understand what you mean by "overloading of hydrogeologic waterways." What is that and what has it got to do with recent events? If any waterways were being overloaded then they wouldn't pass an environmental assessment, obviously.
What increased regulation are you talking about? Nobody has said anything about bringing in new regulations.