Codelco cut out investments and the Government did not informed the capitalization budget

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After the meeting of this afternoon, Codelco decided to cut out its investments, while the Government postponed giving information related to the budget for the capitalization of the company, arguing that it will be announced in the coming days.

This after the ministers Rodrigo Valdés (Finance) , and Aurora Williams ( Mining), have participated from the extraordinary meeting of stockholders from Codelco in order to know about the functioning of the state company by the voice of the members of the directory.

In this ocassion The Finance Minister, praised the reduction of cost and also pointed out the importance of this achievement when prices are low, because they impact directly on the surplus that could be produced by Codelco.

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