Great Post PP.
I recommend having a look at the following presentation which provides information on declining grades, Capital Costs and Cash Costs for the top 40 copper projects around the world. Look at slides 30 and 31.
http://www.rexminerals.com.au/wp-content/uploads/2010/10/20120731-Resource_Investor-Presentation_July-2012.pdf
start of a new week , jorc increases hopefully, page-12
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