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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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bostrin

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Rio Tinto setback to increase copper holdings.

posted on Aug 16, 2022 12:24AM

https://financialpost.com/commodities/mining/turquoise-hill-rejects-rio-tintos-2-7-bln-buyout-offer

Turquoise Hill rejects Rio Tinto's $2.7 billion buyout offer

The rejection is a blow for Rio, which, like a number of other miners, is looking to increase its investment in commodities such as copper and other minerals that will be in high demand as governments around the world seek to decarbonize their economies.

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