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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%)
Message: Re: One more year, PEA recommendations, 'Time's up' for Teck / Newmont
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The costs /lb at SC are low due to optimizations Teck has made. One has to wonder if this nicely counterbalances the costs at Galore which will be much higher....and was a factor for Newmont in partnering with Teck in the first place for Galore...
K
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