Re: Quadra FNX takeover
in response to
by
posted on
Dec 06, 2011 10:47AM
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%)
http://www.quadrafnx.com/s/News.asp?ReportID=490143
As production volumes increased, the cash cost per pound of payable copper produced declined to US$2.13/lb from the US$2.78/lb level achieved in Q2 2011.