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Chile injects $1bn into state-owned copper giant Codelco

Cecilia Jamasmie | June 29, 2018 | 8:30 am Base Metals Precious Metals Top Companies Europe Latin America Copper Silver 

Chile’s government is giving state-owned Codelco $1 billion in "extraordinary" capitalization to help it fund an ambitious plan aimed at upgrading its aging mines and dealing with dwindling ore grades. The country’s mining minister, Baldo Prokurica, said the backing was essential for Codelco...

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