MGO
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0.00% 14.0¢ marengo mining limited

re: Ann: Marengo Restructure to Redomicile to... 2011 global...

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  1. Weihuawang
    1,015 Posts.
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    24/09/12
    19:08
    Post #: 10764233
    re: Ann: Marengo Restructure to Redomicile to... 2011 global copper product was 19.7MT, and copper mining ore grade was average 0.81%, combined with open pit mining and underground mining.

    The world copper mining grade is decreasing 0.01%~0.02% annually, and now the low grade Yandera looks not too bad any longer.

    Waiting for the Yandera mining cost in the coming FS.

    Cheers
    MGO Price at posting: 10.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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