Copper prices

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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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MoneyK

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Copper prices

posted on Oct 29, 2019 12:32PM

From the website.

Forecasted long term metal prices are also subject to change. By way of example, the base case analysis in the 2013 Schaft Creek Feasibility Study used a copper price of US$3.25/lb and the 2015 Van Dyke PEA used a copper price of US$3.00/lb. Currently the spot copper price quoted on the London Metal Exchange (“LME”) was in the order of US$2.77/lb and the long term price of copper is quoted to be US$3.30/lb.