Codelco to invest $5B in 2013
Mar 06, 2013 | 11:00 AM
| Carolina Guerra
Tags
Chile,
copper,
Codelco,
investments,
Metal Bulletin,
Carolina Guerra
SÃO PAULO — Chilean copper producer Corporación Nacional del Cobre de Chile (Codelco) will invest more than $5 billion in 2013, exceeding last year’s record spending of $4.16 billion, which was short of a $4.3-billion target, the company said.
Of this year’s budget, $2.89 billion will be used in structural projects, primarily to extend the life span of its current mines. ....
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