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What now for Anglo, Codelco and the Chilean government?

What exactly is up with Anglo American and their recent announcement? And what everyone thinks about it? We wrote about it last Thursday, in case you missed it -> Anglo American, have they stymied Codelco? We heard the news yesterday and you can read on the Telegraph website old boy -> Codelco files injunction to prevent Anglo American Chile deal. The only "thing" that I like about all of this is that the Chilean court will decide this immediately and the outcome is expected this week. I guess we have to trust that the courts will have to decide what is the best way forward, I would have thought that the government of the country that you are mining in would be the last people that you want to upset or have a fight with. Well, Anglo have to act in the best interests of their shareholders too.


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