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Copper Solution; Mining in Chile
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 407 no. 8833 (Apr. 2013)
,
page 55-56.
Topik:
Copper Industry
;
International Trade
;
Business Government Relations
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.76
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Copper has been kind to Chile. It provides 20% of GDP and 60% of exports. Thanks to it, Chile's economy is expanding by nearly 6% annually, while inflation and unemployment are enviably low. Poverty rates have tumbled; public services are mostly good. Chile has other strengths, such as agriculture, tourism and even high-tech. But small shifts in the copper price make headlines. The copper mines themselves are far from the capital. Escondida, the world's biggest (and the source of over 5% of global supplies) is a 1,300km (800-mile) trek north, in the middle of the Atacama desert. BHP Billiton, the world's biggest mining company, operates two gigantic pits there. Emerging markets everywhere are gobbling up copper to put in bridges, cars, fridges and more or less anything that uses electricity. China's recent slowdown has caused copper prices to slide by 15% since the beginning of the year, but they are still high. BHP and other miners have invested heavily in Chile. Big deposits of copper ore are rare. Big copper-ore deposits in stable countries with business-friendly governments are even rarer. Zambia and Congo are not in the same league.
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