Chile has no plan to raise Codelco funding for now – Minister

Chile's government is not planning to give any more money to State-run copper producer Codelco for now, having already pledged $4-billion until 2020, its mining minister told Reuters on Monday. "At the moment what is important is that Codelco is sufficiently capitalised from year to year," Mining Minister Aurora Williams said. "Over the five years the amount cannot exceed $4-billion, since this is what is established in a law passed by the Chilean congress."