The 53.58% RIO subsidiary BOC has just made the following announcement :
"With copper reserves estimated at almost 3 million tonnes and gold production in the range of 400,000 ounces per annum, Panguna is one of the worlds largest potential producers of both metals. Unexplored neighbouring tenements are also very prospective, and will be explored when a moratorium on exploration is lifted."
Now there is the question : is the buying of BOC shares the cheaper way to buy GOLD and COPPER ?