for the copper gurus, page-2

Tolli
I have copied below a post from a few days ago re copper
Good copper shows are a bonus. 3.5% is very economically viable just an interesting aside to all this talk of Gold

Copper has historically been an added bonus to gold production at Tennant Creek.
I think warrego produced 100,000t of Cu and Juno contained a fair bit also.

Article in todays Australian talks about copper price p 19

current LME price is $US 8730t

GoldmanSachs predicts $US9000t 2008 and $US10000t 2009
CreditSuisse $US12000t 2008


I have plucked this figure out of nowhere but lets say EXM found say 20,000t copper (remembering Warrego had 100ooot) and price was $US9000t (lowest estimate) that is $US180m

Very pie in the sky but worth keeping in mind