Chile copper market said facing political risks

Apr 16, 2014 | 02:58 PM | Saranya Kapur

Tags  Cesco, copper, Cowen & Co., Codelco, Corporación Nacional del Cobre de Chile, Saranya Kapur

NEW YORK — Chile’s changing political landscape could challenge long-term copper production in the country, Cowen & Co. LLC analysts said in a report released April 16.

"Increasing governmental regulation and reliance on the mining industry to support societal needs could weigh on production in the world’s largest producer of copper," the report said. "This agenda was in sharp contrast to presentations by major mining company chief executive officers, who lamented the continued erosion of Chilean miners’ cost competitiveness."....

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