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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: Codelco halts world's largest open pit copper mine

http://www.mining.com/copper-sector-...o-tinto-28062/

The global copper industry will need to add the equivalent of 8 new Escondida mines over the next 10 years (1 every 15 months) in order to meet global demand, Rio Tinto’s (LON:RIO) copper boss Jean-Sébastien Jacques told FT.com

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