Former CEO of Xstrata Plc Mick Davis, who drew criticism for remuneration well above industry norms, now on shortlist for the next chair of Rio Tinto Plc.
Sebastian Pinera, front-runner in Sunday’s election, was so frugal with funding during first term that Codelco that company’s debt levels jumped 84 percent.
Friday on the Comex in New York, almost 40,000 contracts traded in a span of 10 minutes. That triggered a sell-off, sending prices down as much as 1 percent.
"We and China Gold will create an attractive financial platform that private investors can take part in and make money," said Alexey Chekunkov, head of fund.
