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.

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Re: Dollar down below 88 cents

almost 10 years ago

in response to golfyeti's message

Also, another big factor to consider is the cost of fuel in an open pit style mining operation. If I'm not mistaken, this accounts for something like 25 - 30% of operating costs. Since the FS, oil and fuel costs have gone down close to 25%. This would roughly reduce operating costs about $0.10 per lb of Cu mined. This would increase NPV hugely.