Search results
Results from the WOW.Com Content Network
Despite the small share of physical copper associated with LME Copper contracts, their prices act as reference prices for physical global copper transactions. [5] This practice started in 1966, when Zambia, Chile, and most Copper-producing countries abandoned fixed price copper contracts, and announced that they would set copper contract prices based the average monthly price of the nearest ...
For premium support please call: 800-290-4726 more ways to reach us
Based on projected average annual metal production of 173M pounds copper, 31,395 ounces gold and 703,588 ounces silver for 28 years and an initial capital cost estimate of $1.04B, the Cañariaco Norte project has an after-tax net present value (“NPV”) of US$1,010M using a copper price of US$3.50/pound and a discount rate of 8%.
Franco-Nevada's 7.29% NSR royalty on Newmont Mining's Gold Quarry open pit mine in Nevada, which cost the company US$103.5 million, realized $250 million in royalty payments before being acquired. The NSM royalty in this case gave Franco Nevada the option of collecting in cash or in-kind (metal product output).
Copper Resources Corporation is a subsidiary of Meterox. As of November 2011 it held a 92.5% interest in the Hinoba-an Porphyry Copper project in the Philippines, and a 75% interest in Miniere de Musoshi et Kinsenda (MMK). [22] MMK in turn owns the flooded Kinsenda and Musoshi copper mines in Katanga. MMK was formerly a subsidiary of Forrest Group.
Rates on a 15-year mortgage stand at an average 6.35% for purchase and 6.37% for refinance, up 5 basis points from 6.30% for purchase and 4 basis points from 6.33% for refinance this time last ...
Rates for a 15-year mortgage average 6.13% for purchase and 6.15% for refinance, up 6 basis points from 6.07% for purchase and 6 basis points from 6.09% for refinance this time last week. The ...
In 2011 leaching, both heap leaching and in-situ leaching, produced 3.4 million metric tons of copper, 22 percent of world production. [8] The largest copper heap leach operations are in Chile, Peru, and the southwestern United States. Although heap leaching is a low cost-process, it normally has recovery rates of 60-70%.