BASE METALS

Chile votes to create new constitution

People vote to create new constitution

This article is 5 years old. Images might not display.

Some 78% of the 7.5 million people who cast their ballot voted for the change, a referendum which was agreed by the Sebastian Pinera government in November last year after mass protests against inequality. This was the highest election participation since the 1989 election which brought an end to military rule.

Critics of the Pinochet era constitution said it cast a pall over Chile's democracy and that it entrenched inequalities through neoliberal policies which put the private sector in control of health, education, housing and pensions.

Voters will return to the urns in April to elect 155 members of the constitutional convention, which will be a gender-equal group, as half the members must be women. The convention will have nine months to draft a new constitution, with a possible three-month extension, and then voters will decide whether to accept it or not via an obligatory referendum in 2022.

Miners in Chile, the world's largest copper producer, can expect tougher conditions going forward as key themes for discussion include indigenous rights, collective bargaining powers, water and land rights, as well as education, healthcare and housing.

 

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

World Risk Insights 2025 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 120 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.