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This time, they've changed the reporting mechanism from tonnes to pounds, which makes direct comparison a pain (intentional?). However, when I look at the actual contained copper (excluding cobalt, gold and now - for the first time - magnetite), I come up with a REDUCTION in the actual copper.
From the August 2010 report, there was copper (M,I & I) of 310Kt at the 0.8% cut-off.
From today's report, there was copper (M,I & I) of 646Mlb. I believe (correct me if I'm wrong) that there are 0.00045359237 tonnes to the pound. That would give total contained copper of 293Kt at the 0.8% cut-off.
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