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Gold/Mining/Energy : Copper - analysis

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From: critical_mass5/22/2005 7:27:41 PM
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Chile, Biggest Copper Producer, Approves Mine Tax

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A bill on the levy, which taxes miners' operating income by as much as 5 percent, passed the lower house of Congress last night, following approval in the Senate, according to the lower house's Web site. The new tax will make mining in Chile costlier for such companies as Phelps Dodge Corp., the world's second- biggest copper producer, and BHP Billiton Plc, the largest miner.

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bloomberg.com
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