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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: Re: copper supply
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Oct 15, 2014 10:57AM
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Oct 15, 2014 12:21PM

Oct 15, 2014 12:30PM
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Oct 15, 2014 01:06PM

Copper is still very resilient at 3.00 even after all the negative talk about China and a slowdown. If all that is true how come copper hadn't crashed down to at least 1.50-2.00 range or lower and even at those horrible prices SC is still profitable. And your telling me Teck doesn't want that ?

I agree. SC copper cost includes the sustaining cost as well too. Using Calandria as an example, their $1.60ish cost doesn't include that.

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