Re: Teck slashes dividend...
in response to
by
posted on
Apr 21, 2015 03:44PM
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%)
There is lots of ways Teck can bring down the Capex some of the options where mentioned in the BFS IE inregards to the slope of the pit, extending zones, waste turned to M/I etc... the CDN dollar has helped us a lot too.