Tuesday, September 26, 2006
Chile's state copper commission Cochilco is forecasting that by 2012 the country's output of the red metal will reach 6.87Mt or 29.1% above last year's 5.32Mt, according to Cochilco's latest report, reports BNamericas.com. In investments, Cochilco forecasted US$13bn will go into Chile's mining sector from 2006 to 2010, US$6.66bn by state copper corporation Codelco and US$6.42bn from private sector mining companies. Of the total, US$2bn corresponds to investments in gold and most of the rest in copper.
(See BNamericas:
Cochilco: 6.87 Mt copper by 2012, investments to hit US$13 billion by 2010 - Chile
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Tuesday, September 26, 2006
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