Miners Urge Chile To Cut Bureaucracy Before Country Loses Copper Leadership - Anglo American (OTC:AAUKF), BHP Group (NYSE:BHP)

Miners Urge Chile To Cut Bureaucracy Before Country Loses Copper Leadership - Anglo American (OTC:AAUKF), BHP Group (NYSE:BHP)

Multinational miners BHP (NYSE:BHP) and Anglo American (OTCQX:AAUKF) urge the Chilean government to reduce bureaucratic obstacles, preparing to invest billions into expanding the country's copper output. With demand for the metal expected to surge in the coming years, both companies warn that Chile risks losing its competitive edge if permitting delays persist. "As a country, we must act with a sense of urgency if we want to execute growth proje…

The Minister of Finance, Mario Marcel, analyzed a new day in which markets move at the pace of fears and signs of the trade war, where copper – Chile’s main export – scored its seventh consecutive fall and fell from the $4 per pound barrier, erasing almost all the profits of the year. “All this volatility is the result of the high levels of uncertainty in the world economy and the correlation that exists between some prices, for example, in the …

From Chile – Ignore the Noise, Copper is Just Fine – Camino Corp.

I am at Cesco (CRU) World Copper conference in the world’s largest copper producing country, Chile, surrounded by the world’s largest copper producing companies. Katie Jackson, CEO of Rio Tinto Copper, who was recently hired from the energy sector, had a fresh perspective on the copper industry and said that it’s a good time to be in the copper business.  She said that it is rare to have such strong consensus across an industry optimistic about …

Antofagasta CEO warns trade war threatens copper demand but sees tech growth as a lifeline

The escalating US-China trade war is raising alarms across global industries, and copper is no exception. Ivan Arriagada, CEO of Chile’s Antofagasta, recently warned that rising tariffs could have a long-term negative impact on copper demand, posing risks to the construction industry and the ongoing transition to a green economy.Speaking at the CESCO copper conference in Santiago, Arriagada highlighted that President Donald Trump’s newly announc…

Chile has been one of the countries that has benefited from the international economic order based on openness and trade, which seems to be breaking with the tariffs of Donald Trump. This is what the president of the Central Bank, Rosanna Costa, said at an unusual press point called this morning. “The world economy, and Chile, in particular, benefited in an important way from the commercial integration and institutionality that was forged around…

The president of the Central Bank, Rosanna Costa, addressed this Monday the complex international and national scenario generated by the recent tariff measures promoted by the President of the United States, Donald Trump. This is how this Monday, Costa called for caution against the volatility observed in the financial markets, stressing that it is still premature to establish with certainty the [...] The Central Bank entry called for caution be…