Chilean Court Backs Codelco, Freezes Anglo Stake

Nov 16, 2011

A Chilean court on Tuesday issued an order to prevent global miner Anglo American from selling its remaining 75.5% stake in the Anglo Sur copper mining complex, following a controversial sale to Japan’s Mitsubishi. Anglo struck a $5.39bn deal last week to sell a...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management