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Ann: Debt Repaid and Drilling Focussing on Key Porphyry Targets, page-21

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  1. 6,739 Posts.
    lightbulb Created with Sketch. 179
    Not related to your question.

    The article below shows what is likely to drive Cu prices higher.
    http://www.mining.com/web/commodity-boom-dark-side-cost-creep-erodes-windfall/

    Won't go into a half hour discussion but development of Cu mines is based on a mix of capital and opearating costs.
    Productora is low capital intensity and relatively low Opex due to the favourable strip ratio.
 
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