/biz/ - Business & Finance

Pic time..

heres a concession I went to visit along the Bolivia/Chile border. low grade ore with some veins of high grade material mixed in. bedrock is only about 20mts from surface. The community nearby has the rights and were looking for a company to mine it. Back then it was bout 18$ per ton per 1% of purity. So that works out to about 1.8$ per kilo for the copper. Most companies sell it to the Chilean buyers that take to Chile to leach and make pure copper.