Copper rises toward another record

Copper rose toward another record as the potential for tighter regulation and higher taxes in Chile fuels concerns about the long-term supply outlook.

The world’s biggest copper producer just elected an assembly that places the writing of a new constitution largely in the hands of the left wing.

The makeup is likely to leave miners facing tougher rules around the environment and mineral rights, and it could add momentum to a bill that would create one of the heaviest tax burdens in the global industry.

Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.

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