At 31st December 2007, the Ok Tedi mine had produced 11,580,784 tonnes of copper concentrate containing 3,598,992 tonnes of copper metal and 8,771,026 ounces of gold metal. Between 1984 and 1990 it also produced 1,712,953 ounces of gold bullion. Reserves
Ok Tedi's estimated proven and probable reserves as at 31 December 2006 were:·
Proven reserves: 157 million tonnes at 0.88% copper and 1.14 g/t gold · Probable reserves: 21 million tonnes at 0.76% copper and 1.29 g/t gold
The anticipated contained product is estimated to be around 4.5 billion pounds of copper and 7 million ounces of gold.
QRL Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
