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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: Zaldivar Sale

It's looking like BHP is the odds-on favourite to buy this mine. Yay, because that leaves Teck short another option. I would think they're feeling a little cash strapped these days anyway.

Zaldivar is across the road from BHP's Escondida and used to be part of the same land holding. It might make it more cost-effective for BHP to run the mine than anyone else. Certainly more than Teck.

Apparently BHP wants to buy the whole mine instead of just 50%. I don't know if that makes it a more appealing offer, or a less appealing offer but essentially everything is for sale at the right price.

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