Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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When you read articles like this you wonder how a resource as large as Schaft Creek could sit undeveloped....good luck to us

Dwight

 

Tesla Can’t Make Electric Cars Without Copper

Experts at copper giant Codelco, the Chilean state-owned mining company, believe the red metal could hit $10,000 per metric ton next year. That’s $4.55 per pound.

It would be a 46% increase from its current price. And that’s after copper prices rose 50% in the past year.

According to the giant mining company, supply and demand are out of balance. There won’t be enough copper to meet demand. And that means rising prices.

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