Re: copper

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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remedy

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Re: copper

in response to

copper

ducks

posted on Jun 22, 2022 10:45AM

Workers at Codelco are set to go on a nationwide strike in Chile starting today. This is in protest to the management’s decision to close the Ventanas copper smelter. However, copper price action in early morning trading appears to be largely ignoring this development, despite the potential for a large supply impact. Clearly, the market is more focused on macro concerns.