Extract from the previous article I posted today: "BHP said on Wednesday it will modify operations at its Cerro Colorado copper mine in northern Chile to lessen the impact of a fresh ruling that prevents the company from drawing water from a nearby aquifer for 90 days, while it appeals the environmental court’s decision."
Warning of ‘take over’ as Beijing strikes major new deal with Latin America and the Caribbean. In a move to spread its power across the globe, Beijing has signed a new deal in a region of over 670 million people that has some concerned.
The deal, called the ‘Joint Action Plan for Cooperation in Key Areas’, was signed last month between China and CELAC, an alliance of Latin American and Caribbean States that encompasses almost all the major players in the region such as Brazil, Argentina, Colombia, Venezuela, Uruguay and Chile.
Wether anyone thinks China can gain control or influence over South America, we have to acknowledge there is is zero chance of that happening in Australia. Hence risk in Australia is far lower than any other country. A major PLUS for CYM.
CYM Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
