I know a lot of people are nervous about the project being...

I know a lot of people are nervous about the project being situated in Chile.

But if we take a look at a similar situation that developed in Peru last year when the Socialist Government was elected there.

Many said similar things about Peru, but that never eventuated and once in Government the Socialists took a very pragmatic approach to the mining industry and are working out well.

"Peru’s new socialist government is working with the mining industry on a new approach to community relations and red tape to unlock more of the country’s huge mineral wealth.

“All companies are happy, so far,” Minister of Energy and Mines Ivan Merino said in an interview Saturday. “We all agree that all projects must be given a new social face, that we need a new pact.”

The minister’s conciliatory and pragmatic tone may further ease fears stoked by talk in the election campaign of greater state intervention in natural resources that would stifle investment and future output. Peru is the top copper producer after Chile and the market is relying on the Andean nation developing more of its giant deposits to meet surging demand in the shift toward clean energy."

World’s No. 2 Copper Nation Peru Leaves Ideology Aside to Tap Mining Riches - Bloomberg