Copper Fox Metals Inc.

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM Copper Fox Metals is a Canadian-based resource company focused on developing the world-class Schaft Creek Project in northwestern British Columbia.

Home Videos Research Press Release Q&A Discussion

Threads Posts

Re: Edmonton Journal

over 12 years ago

in response to Prospekt's message

My biggest concern for Schaft Creek is that the tight labour market will significantly increase the capital costs shown in the Feasibility. Take a look at how the capital costs of the 60,000tpd mine at Mount Milligan have jumped lately:

2009 - $915M

2011 - $1265M

2012 - $1450M

Nothing can sink the Schaft Creek project faster than a jump in capital costs. I'm really hoping that management can keep capital costs between $3.4B and $3.8B.