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LatinNews Regional Monitor: Brazil & Southern Cone - 14 May 2018

Chile: Mining production set to rise

In line with other large commodity producers, Chile is feeling the benefit of rising global prices on its local economy. Copper prices remain well below the highs of 2012, but have risen by around 50% from 2016 lows. This is stimulating investment in local mining projects, which is likely to feed through to higher GDP and export growth. Meanwhile, the authorities are considering a revision to the mining code in the face of rising competition from other producers in the region.

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