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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: discovery metals

Only mildly interesting, I'm afraid. Just to alleviate ROF's boredom....

'A Chinese private equity firm has launched an A$830m ($847m) takeover offer forDiscovery Metals, a Botswana-focused copper miner, as China furthers its push into the coveted African copper sector.'

http://www.ft.com/intl/cms/s/0/4cbfff80-0dd2-11e2-97a1-00144feabdc0.html?ftcamp=published_links%2Frss%2Fhome_us%2Ffeed%2F%2Fproduct&ftcamp=crm/email/2012104/nbe/USMorningHeadlines/product#axzz28M4kl7nR

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