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Possible Codelco Deal Causes Controversy in Chilean Copper Industry

Possible Codelco Deal Causes Controversy in Chilean Copper Industry

SANTIAGO — The state-owned mining company Codelco reported on October 28 that they are considering purchasing a 49 percent stake in key properties owned by Anglo American Sur S.A. in January  2012. Codelco reported that it had signed an agreeement for a bridging loan with Mitsui and Co. Ltd to allow them to exercise this [...]

Chile’s Daily News: November 2

Chile’s Daily News: November 2

Podcast: Play in new window | Download (Duration: 2:23 — 3.3MB) | Embed Francisco Javier Errázuriz suffers stroke The Catholic University Hospital at San Carlos de Apoquindo confirmed yesterday, Nov. 1, that Francisco Javier Errázuriz suffered a stroke and is currently being cared for at the hospital. Patricio Mery, the advisor of Errázuriz, reported that the businessman and former [...]

Chile’s Daily News: October 31

Chile’s Daily News: October 31

Authorities plan to lower Aysén alert level today ONEMI, Chile’s Emergency Operations Committee has said that they will lower the red alert today Oct. 31 in the Aysén area due to a decrease in seismic activity at Volcán Hudson. On Sun. Oct. 30, two more smoke plumes were seen rising above the volcano. One was [...]

Book Fair of Santiago opens in Chile with showcase of Bolivian literature

Book Fair of Santiago opens in Chile with showcase of Bolivian literature

SANTIAGO — Tonight, Oct. 28, the 31st annual Book Fair of Santiago will play host to 400 to 500 writers from around the world for the next 17 days. The annual event highlights the culture of Latin America through the art of writing and for the first time, the event will host a digital book kiosk [...]

Chile’s Daily News: October 28

Chile’s Daily News: October 28

Eruption of Volcán Hudson Imminent This morning the Director of ONEMI, Vicente Núñez said that since there’s been a decrease in seismic activity there is imminent danger of a volcanic eruption. The ash plume is now only at 60 to 80 kilometers and has lowered the quantity of ashes in the sector of Cerro Castillo, which [...]

Chilean Supreme Court rejects claims of water rights in HidroAysén

Chilean Supreme Court rejects claims of water rights in HidroAysén

AYSÉN — The latest chapter surrounding the controversial HidroAysén project has taken center stage at the Chilean Supreme Court. HidroAysén is a plan to build five hydro-electric power plants in southern Chile. The project was approved in May 2011, but there has been much pushback from the Chilean people. Those opposed to the project believe that [...]

Chile declared one of 25 fastest growing countries in the world

Chile declared one of 25 fastest growing countries in the world

Chile was ranked as one of the 25 fastest growing countries according to Ernst & Young and Oxford Economics. They considered size, dynamism and the importance of strategy in business. Also considered were their advances in the last decade and the prospective outlook for 2020. Chile measures up against countries like Argentina, Brazil, Colombia, and Mexico [...]

Chile’s Daily News: October 27

Chile’s Daily News: October 27

Forensic experts begin investigations at Londres 38 Forensic experts began appraisals at Londres 38, which was a center of torture that was operated during the Pinochet dictatorship to find evidence for Human Rights cases. They are working to find out what happened here during the time that it was under the control of la Dirección de [...]

Collective taxi drivers threatened with Chilean State Security Law

Collective taxi drivers threatened with Chilean State Security Law

SANTIAGO — The Minister of Transport, Pedro Pablo Errázuriz, announced that the government will apply the State Security Law against the drivers of the”Confederación Nacional de Taxis Colectivos de Chile” who blocked city streets as part of the Taxis Colectivos national strike, Oct. 26. “We are going to be very strict with respect to this type of [...]