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oyu tolgoi project, page-2

  1. 3,966 Posts.
    not sure what it would add to INL but I got some figures on the Ivanhoe deposit:

    35 billion pounds of copper

    11.55 million ounces of gold

    at $1.80 a pound copper and $600 an ounce of gold the in-ground value is US$69.93billion. Mine life is expected to run for 35 years which generate annual revenue of US$1.998billion. I don't know what INL would get out of that but that is a fair chunk of cheese to bite into on a yearly basis.

    This is also only the start of the snowball.
 
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