See winning numbers of DNT: The anti-mining Facebo
See winning numbers of DNT: The anti-mining Facebook
They do not want the mine, but have started to see winning numbers of DNT ....
https://www.facebook.com/comunidadcampesina.sanjuandekanaris
Comunidadcampesina state shared Sanjuandekañaris Jorge Gutierrez Briones.
MINING SECTOR PERFORMANCE HIGH-PERFORMANCE at Cañariaco.
In order to obtain profitability levels in mining, then I did a little exercise with information Candente Copper Corporation, which hopefully is not contaminated with any errors, but the numbers do not lie. If there is numerical error me know that beforehand be grateful.
The composition of the hot metal resources according to Cooper, for Cañariaco mine is:
Cu (Copper) = 85.23%
Au (Gold) = 10.77%
Ag (Plant) = 4.00%
Total resources are North Cañiaraco metal 10.43B Cu Eq Lb, for their development requires a pre-production CAPEX of U.S. $ 1.437 million (*). This characterizes that North Cañariaco is a focus of acquiring large global companies in finding large-scale copper projects.
To be able to compare the value of sales or acquisitions of projects defined parameter equivalent pound of copper metal (Cu Eq Lb) content in the project, in this case Cañariaco has 10,430 Billion pounds of copper metal equivalent.
If we use the copper price to U.S. $ 3.62 Libra, then the value will this gross output will be 377.6 billion dollars, that is, with an investment of U.S. $ 1.5 billion, you get a product sold U.S. $ 377.6 billion dollars .