Re: Copper rebounding from 3$!

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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Willy Nilly

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Re: Copper rebounding from 3$!

posted on Apr 16, 2018 03:44PM

copy/pasted in part from golfyeti's earlier post:
. . . . . . .
Teck posted a capital cost intesity graph once (I have it but can't seem to post the image) and the capital cost of QBII is listed at $5.6 Billion with a production rate of 135K tpd. Teck currently lists the mine life at 25 years with a possible extension. Currently listed cost is $4.7 B USD ($6.1 B CDN)

The same graph shows Schaft Creek with a capital cost intensity of $2.9 Billion CDN with a production rate of 100K tpd. The graph was produced before CUU showed that even a botched or sandbagged Feasibility Study shows a $3.2 B cost for 130K tpd. The 2012 FS shows 21 years mine life with a highy likely extra 4 years just in the 171MT low-lying fruit that no one dares to ugrade for some reason.