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%)

Free
Message: Oyu Tolgoi

This mine in Mongolia was just delayed for discussions with the government. The locals are apparently upset about the sparse water and are kicking up a fuss. Mongolia, being a dessert has little water to spare and Rio Tinto wants to divert a river. They were supposed to be shipping their first concentrate today, but neglected to get everyone onboard about the river! I guess they never thought of that.

This is a good article about one mine's struggle for approval:

http://www.bloomberg.com/news/2013-06-20/where-raptors-roamed-rio-tinto-s-copper-dream-stirs-water-worry.html

2
Jun 21, 2013 10:50PM
2
Jun 21, 2013 11:13PM

Jul 09, 2013 01:03AM
Share
New Message
Please login to post a reply