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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YourNadir

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Mining community is in for a world of hurt

posted on Sep 23, 2022 10:52AM

At least gold miners. Copper will likely fare better, but hard to imagine it will show much strength in the face of central banks continuing to raise rates and pushing the world into recession to tame inflation.

Top Gold CEOs Say Soaring Costs Will Hobble Mining Industry Into 2023

Newmont’s chief says world faces volatile economic environment
Barrick CEO sees world at ‘inflection point’ amid uncertainty

https://www.bloomberg.com/news/articles/2022-09-21/top-gold-mining-ceos-say-cost-inflation-will-linger-into-2023

4 Recommendations

Re: Mining community is in for a world of hurt

chuckalau2

Sep 23, 2022 11:13AM

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