West-Sells and Company Subsidiary

: If the mine is approved, the company says it could produce more than 400,000 ounces of gold and more than 200 million pounds of copper annually, according to CBC. It says the mine could employ up to 1,000 people at peak construction and have a life of about 22 years. The company subsidiary, Casino Mining Corporation, is planning to build what would be the Yukon biggest mine, about 400 kilometres northwest of Whitehorse. West-Sells acknowledges copper and gold prices have been dropping but says that been offset by the falling Canadian dollar. "If you go back three years ago, copper was at $3 , but the exchange rate was at one to one," he said. "Now copper is $2.43; the exchange rate is 77 cents. The Casino mine project would be bigger than any existing mine in Yukon. That actually equals $3.15 in Canadian dollars so it actually has less impact on our project than you would think." Clear consensus' copper prices will go up, says West-Sells West-Sells says the current drop in metal prices is largely due a perception of weakness in the Chinese economy and the collapse of the Shanghai Stock Market. (news.financializer.com). As reported in the news.