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Bloomberg Says High Copper Prices Hide “a Growing ‘Mining Recession’” in Chile

Summary by BioBioChile
The financial medium Bloomberg re-emphasized the difficulties faced by the Chilean copper industry and recalled the statements of the Minister of Finance, Jorge Quiroz, who has pointed out that the country is experiencing a “mining recession.” The article begins by pointing out that the deposits have faced so much accidents with deceased people, extreme weather conditions ... Continue reading “Bloomberg says that high copper prices conceal “a gr…

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The financial medium Bloomberg re-emphasized the difficulties faced by the Chilean copper industry and recalled the statements of the Minister of Finance, Jorge Quiroz, who has pointed out that the country is experiencing a “mining recession.” The article begins by pointing out that the deposits have faced so much accidents with deceased people, extreme weather conditions ... Continue reading “Bloomberg says that high copper prices conceal “a gr…

·Concepción, Chile
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(360News) The Chilean economy accumulates worrying signs under the government of José Antonio Kast. While Finance Minister Jorge Quiroz recognizes that mining could fall by up to 9% during 2026, families face new increases in the cost of living and workers watch their forecast savings deteriorate. The crisis [...] This entry Kast government loses control of the economy: now recession in mining was published and you can see it: 360 News.

Accidents, extreme climate and ageing mines press Chile's copper supply; understand the risks to the global market

Deaths in mines, climate events and structural challenges deepen the Chilean mining crisis, even in the midst of record copper prices

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BioBioChile broke the news in Concepción, Chile on Tuesday, October 20, 2026.
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