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Proposed new royalty unsettles miners in Chile Image courtesy of Codelco. The return of high copper prices has come in the nick of time for Chile, but as the price for the red metal rallies, politicians believe the mining industry could be contributing significantly more to help the country through the covid-19 pandemic. Long-viewed as the most stable destination for foreign investment in South America, Chile’s increasingly fraught political scene is increasing risks for the country’s powerful mining industry. Sign Up for the Copper Digest Sign Up The Finance Ministry estimates that the rise in copper prices since the start of the year could bolster public revenues by around $4 billion or 5.6% compared to its previous estimate, giving the government more wriggle room as it strives to protect families and businesses from a deadly wave of infections.

Quebrada blancaRegion de tarapacaMaria inksterYasna provosteEmanuel vieraPamela jilesChilean mining chamberConstitutional courtMining council of chileSantiago catholic universityFinance ministryGustavo lagosMining councilTeck resourceSenate chairwoman yasna provosteக்வ்‌ப்ராட ப்ளாஞ்ச