Promoviendo la libertad individual y los mercados libres
The Cobin Brief · Monday, August 17, 2026
On 16 August Codelco chairman Bernardo Fontaine said (in dollars, not pesos) that eight years of capex were about US$32 billion while output fell from 1.7 million to 1.3 million tonnes, costs run 50% above large private miners, and debt is about US$27 billion — six times a typical multinational. Santiago let the firm keep US$2.422 billion of 2025 profit.
