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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: Re: Copper Soaring
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Prospekt
Sep 17, 2014 01:34AM

Unless I'm missing something, it was yesterday that the copper price spiked. Today it is down by about 1c/pound.

This article suggests that the spike was cause by a miner's strike at Escondia. Either way, the price increase is welcomed.

http://www.mining.com/escondida-strike-lights-fire-under-copper-price-45456/

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