Chile cuts mining investment outlook by $30bn over next decade

Chile scaled back its expectations for investment in its vast mining industry by some $30-billion over the next decade, due to fewer gold mines being developed and other projects being delayed, Mining Undersecretary Ignacio Moreno said on Thursday. Mining investment in Chile, the world's top copper producer, was previously seen at around $105-billion from 2014 through to 2023, state copper commission Cochilco said last year.