Tuesday, April 19, 2005 CODELCO Mineweb reports that, in an address to the Chilean Congress Monday, Juan Villarzu, Chief Executive of Chilean copper giant Codelco, said the company would increase production to accommodate a 5.8% annual growth rate, as well as consider new forms of financing to meet expansion needs. Among the financing alternatives, Villarzu warned the Congress, is that Chile must consider selling a minority stake in the state-owned copper company.
(See Mineweb:
Codelco CEO suggests selling minority stake)
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Tuesday, April 19, 2005
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