| The Chilean Copper Commission, known as Cochilco, on Thursday revised downward its expectations for the average copper price in 2015, to $2.85 a pound from the $3.00 a pound it forecast in October. Chilean copper production is expected to be 6 million tons this year, down from the 6.23 million tons Cochilco projected in October.
Chile is the world's largest copper producer and each one-cent increase in the price of the red metal represents more than $40 million in additional government revenue...............................................Full Article: Source
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