World’s Top Copper Projects

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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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herbie1

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World’s Top Copper Projects

posted on Oct 11, 2021 07:04PM

While Chile is the world’s biggest copper producer, Fitch expects Australia and Canada to dominate new projects. The analyst has ranked the world’s top ten copper projects by capex, with Chile absent from the list.

Teck’s Galore Creek project in British Columbia, Canada in 6th place with a $6.1 million capex allocation. In October 2018 Novagold Resources sold 50% stake in the project to Newmont Corporation. Measured Resources (Newmont Corporation’s 50% stake): 128.4mnt; Mine Life: 18.5years; Expected Production: 146.1kt/ yr.