Chile injects copper miner Codelco with $225m in fresh capital

Chile's government said it will inject $225-million in capital into state-owned copper miner Corporacion Nacional del Cobre , known locally as Codelco, to help fund its ambitious investment plans. The funds will come from Codelco's 2014 profits, as the company gives all its profits to the state, the country's mining and finance ministries announced in a joint statement on Tuesday evening.