Conf Call: QB2

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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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sharp662

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Conf Call: QB2

posted on Jul 25, 2013 12:16PM

Teck executives just said they will be reviewing the plan on QB2 in the next 2-4 weeks. Then decide where to go with it.

Most comments regarding QB2 are very glum. Not much of a push to develop, especially since the CAPEX is so large.

More Notes:

http://www.reuters.com/article/2013/07/25/teckresources-results-idUSL6N0FV2A620130725

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