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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: Teck rumour mill persists
8
Mar 31, 2015 02:32AM

Cost per pound at that mine:

Copper production in 2015 is expected to be 240-260 million pounds at C1 cash costs of $1.65-$1.95 per pound and C3 fully allocated costs of $2.00-$2.30 per pound.

Pretty high...don't you think?

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