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Mining Minister On Glacier Ban, BCCh Trader’s Survey Due

CHILE
  • Chile’s government is looking at a gradual implementation for a proposed ban on mining near glaciers in order to limit the impact on some of the world’s biggest copper mines and their planned projects high in the Andes. (Bloomberg)
    • In an interview Monday, Mining Minister Marcela Hernando identified about 20 mining sites that are in protected areas, some of them close to glaciers, such as Codelco’s El Teniente and Andina and Anglo American Plc’s Los Bronces.
  • Chile’s draft charter, if implemented, could limit or reduce operations of private healthcare providers, Fitch Ratings says in a note.
    • The new constitution would probably eliminate their business under the current private health insurance system, known locally as Isapres.
  • Data today:
    • 1330BST/0830ET: Central Bank Traders Survey
    • 1400BST/0900ET: April PPI MoM, prior 1.0%

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