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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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Message: Capex Issues at Barrick Gold
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One of Barrick Gold's mega projects in Chile just had their capex skyrocket. Perhaps this will help Teck reconsider their QB2 project and look towards us?

"The Toronto-based company now expects the cost of building Pascua-Lama to be 50 to 60 percent higher than the top end of the previous estimate of $4.7 billion to $5 billion. That boosts the estimated price tag to some $7.5 billion to $8 billion.

The miner also delayed first production at the project to 2014 from a previous target date in 2013."

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