Chile's Codelco, the world's largest copper producer, is reassessing the costs of upgrades to extend the life of its mines, its chairman said on Friday, given cost overruns at El Teniente and Chuquicamata. Higher costs could mean Codelco's debt is likely to reach $30-billion by 2030 from $18-billion now, Chile’s Centre for Copper and Mining Studies (CESCO) said in a rare intervention, in August.
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