Copper mines in Chile are nationalized.
Chile, officially the Republic of Chile, is a country in the western part of South America. It is the southernmost country in the world, and the closest to Antarctica; occupying a long and narrow strip of land between the Andes to the east and the Pacific Ocean to the west. Chile covers an area of 756,096 square kilometers (291,930 sq mi), with a population of 17.5 million as of 2017. It shares land borders with Peru to the north, Bolivia to the north-east, Argentina to the east, and the Drake Passage in the far south. Chile also controls the Pacific islands of Juan Fernndez, Isla Salas y Gmez, Desventuradas, and Easter Island in Oceania. It also claims about 1,250,000 square kilometers (480,000 sq mi) of Antarctica under the Chilean Antarctic Territory. The country's capital and largest city is Santiago, and its national language is Spanish.
Spain conquered and colonized the region in the mid-16th century, replacing Inca rule, but failing to conquer the independent Mapuche who inhabited what is now south-central Chile. In 1818, after declaring independence from Spain, Chile emerged in the 1830s as a relatively stable authoritarian republic. In the 19th century, Chile saw significant economic and territorial growth, ending Mapuche resistance in the 1880s and gaining its current northern territory in the War of the Pacific (187983) after defeating Peru and Bolivia. In the 20th century up to the 1970s Chile saw a process of democratization, rapid population growth and urbanization and increasing reliance on exports from copper mining for its economy. During the 1960s and 1970s, the country experienced severe left-right political polarization and turmoil. This development culminated with the 1973 Chilean coup d'tat that overthrew Salvador Allende's democratically elected left-wing government and instituted a 16-year right-wing military dictatorship of Augusto Pinochet that left more than 3,000 people dead or missing. The regime ended in 1990 after a referendum in 1988 and was succeeded by a center-left coalition which ruled until 2010.
Chile is a developing country with a high-income economy and ranks 43rd in the Human Development Index. It is among the most economically and socially stable nations in South America, leading Latin America in rankings of competitiveness, per capita income, globalization, state of peace, and economic freedom. Chile also ranks high regionally in sustainability of the state, democratic development, and has the lowest homicide rate in the Americas after Canada. It is a founding member of the United Nations, the Community of Latin American and Caribbean States (CELAC) and the Pacific Alliance, and joined the OECD in 2010.
Copper is a chemical element with the symbol Cu (from Latin: cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement.
Copper is one of the few metals that can occur in nature in a directly usable metallic form (native metals). This led to very early human use in several regions, from circa 8000 BC. Thousands of years later, it was the first metal to be smelted from sulfide ores, circa 5000 BC; the first metal to be cast into a shape in a mold, c. 4000 BC; and the first metal to be purposely alloyed with another metal, tin, to create bronze, c. 3500 BC.In the Roman era, copper was mined principally on Cyprus, the origin of the name of the metal, from aes сyprium (metal of Cyprus), later corrupted to сuprum (Latin). Coper (Old English) and copper were derived from this, the later spelling first used around 1530.Commonly encountered compounds are copper(II) salts, which often impart blue or green colors to such minerals as azurite, malachite, and turquoise, and have been used widely and historically as pigments.
Copper used in buildings, usually for roofing, oxidizes to form a green verdigris (or patina). Copper is sometimes used in decorative art, both in its elemental metal form and in compounds as pigments. Copper compounds are used as bacteriostatic agents, fungicides, and wood preservatives.
Copper is essential to all living organisms as a trace dietary mineral because it is a key constituent of the respiratory enzyme complex cytochrome c oxidase. In molluscs and crustaceans, copper is a constituent of the blood pigment hemocyanin, replaced by the iron-complexed hemoglobin in fish and other vertebrates. In humans, copper is found mainly in the liver, muscle, and bone. The adult body contains between 1.4 and 2.1 mg of copper per kilogram of body weight.