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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Message: Copper/Gold mine

 

The following is an excerpt from a recent article...

Individual copper mines have always sought to boost their revenue from any by-product gold (and silver), not least in recent years through precious-metal streaming deals. Now, at these price differentials, precious-metals companies will surely be eyeing-up acquiring copper-gold assets.

Compared with primary gold mines, copper-gold operations tend to be much larger, and have longer lives. The increasing price differential of the past two years is likely to lead to precious-metals producers buying base-metal assets to diversify, and lengthen their own production streams.

Read the whole article here

 

https://www.mining.com/despite-price-rise-copper-at-historic-low-against-gold/

 

herbie1 

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