Laurence Golborne News
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Michelle Bachelet, Chile’s first female president, was named today by the country’s Socialist and Partido por la Democracia parties as their candidate for a primary presidential election planned for June.
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Chilean President Sebastian Pinera is gaining popularity from his efforts to free 33 trapped copper miners as he asks lawmakers to limit tax increases on companies such as BHP Billiton Ltd . and Xstrata Plc .
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The 33 miners in Chile will spend the next few days in tunnels almost half a mile underground eating a special diet recommended by NASA and doing exercises designed to aid their rescue by midweek.
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Chile’s government is making final preparations to rescue 33 miners as the lead drill advances to less than 50 meters (164 feet) from where they are trapped almost half a mile underground.
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Chilean officials drilling a hole to reach 33 miners trapped half a mile underground have less than 100 meters (328 feet) to go following a two-month rescue effort.
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Chile’s Mining Minister Laurence Golborne urged Congress to approve today proposed changes in mining royalty laws after some senators rejected the motion.
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Fernando Almeda, who moved to south- central Chile’s Curico valley from his native Spain two decades ago to pursue his love of winemaking, says the Andean nation is a paradise for vintners. Its Mediterranean-like climate is well suited to growing grapes, while the Andes mountain range to the east and Atacama Desert to the north provide natural barriers against pests.
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Demand for copper is proving to be resilient to prices that breached $10,000 a metric ton for the first time earlier this month, according to the world’s largest producing country.
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Chilean senators and lower house members in a joint committee failed to reach an agreement on proposed changes to mining taxes, forcing the government to seek alternative financing sources for earthquake reconstruction.
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Chilean rescue workers began testing capsules that will be used to free 33 men trapped about half a mile underground for the last two months in the world’s longest mine rescue.
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