Bloomberg reported that Codelco has raised $2 billion in a sale of debt to invest in copper expansion.
As quoted in the market news:
Codelco plans to invest about $26 billion this decade to modernize aging mines and offset declining output from ore with less copper content. Codelco said the yields it achieved are among the cheapest funding it has ever had.
|Copper Fox Metals Inc. (TSXV:CUU) has a significant property package in two established copper belts with exposure to copper and gold in North America and a large holding of copper and gold reserves and resources.Learn More|