Here’s a big issue for you copper investors out there: Chile, the single biggest copper-producing country, is backing down from its vigilant protection of this vital industrial metal by getting rid of the 181,814 land mines it placed on the country’s borders in the 1970s.
No, seriously — 181,814 land mines. Today, Chile’s defense minister was out declaring some mine fields “cleared” in the Antofagasta Region, near the town of Ollagüe. Roughly here.
So far, 50,000 have been destroyed. That would mean there are still more than 131,000 land mines in this country. Good thing, too, cause otherwise who knows what would happen to all that copper.