If you are a beleiver have a read of this.
http://cause.mines.edu/media/UNO_Henderson.pdf
Really amazing! The richset Mo mine in the world is the largest user of electrcity in Colorado. Mineralisation starts at 1000 meters below surface. One of the most hi-tech elaborate underground mining processes in the world all this to extract moly and nothing else.
Shows what lengths Phelps & Dodge went to get this into production. RCH grades are 2nd highest with high crade core open cut.
The OpEX for this mine is enormous! Yet it makes billions
RCH
richfield group limited
If you are a beleiver have a read of...
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