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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: World's top copper miner sees metal at $2 a pound for at least two years
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I was listening to the BMO presentation yesterday where Don Lindsay was speaking. At one point he said that at $2 copper, 40% of the worlds mines are operating below all-in costs. He concluded: "$2 copper cannot be sustained." He did say it was looking like we might have another bad year—or down year.

Codelco could be right, but the important thing for us is, what does Teck think?

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