copper price, page-2

re: copper price and kapulo imho the copper rise is slow, steady and very convincing with no real volatility yet to indicate things might be getting a bit toppy or driven by speculation. All those lovely extra dollars are falling straight to AVL's bottom line and now also being helped by the stronger US dollar.

Can AVL produce 35,000 t copper per year by early 2005?

We already have twenty thousand (plus) tonnes of copper to come from stage II. Add to that the potential for another 15,000 tonne from a second resource like Kapulo (see http://www.anvil.com.au/projects/avlproj_kap.htm). That would be around 35,000 t of copper per year in total.

Kapulo already has "three discrete high-grade copper deposits with a combined indicated resource of 1.1 mt at 4.7% copper (down to approximately 50m)." (from AVL web-site)

I estimate that kapulo could produce 15,000 t/annum copper based on 350,000 t/annum 2nd ball mill capacity, 4.7% ore grade of known researves, and a 92% recovery rate. This output could continue for three years on existing published resources alone. Of course you would hope that further exploration would extend mine life considerably.

comments welcome!