On Sunday, October 9, top mining executives and representatives acknowledged in the press (Mercurio, Economia y Negocios) that the boom of copper was just over. To see record-high prices and a boost in demand like the one Chile experienced with China’s relentless appetite for growth is history; those old copper days are hard to come back, at least in the foreseeable future.  Key executives and CEO's from Chile-based mining companies discussed the challenges ahead for the industry. They analyzed the way forward from expanding mining projects further south in the central areas of the country- to hiring social science experts able to negotiate with the communities owing to new legislation that could impede the overexploitation of glaciers and safeguard the ecosystem in the face of extractive activities. Country Risk Chile analyzes these opinions expressed in the newspaper on October 9th and attempts to shed some light on the political risk and the opportunity involved when the copper rush is over, and the need for alternative strategies emerges.

Chile day's 9th version was successfully held in London (May 12-13).  As customary - and necessary for the Chilean economy - global investors have met with Chilean governmental authorities in London to analyze business opportunities in Chile. In turn, governmental authorities have reassured investors that "the rules of the game" are still in place in a new political era, under second-generation reforms launched to hit inclusive growth.

Chilean President Michelle Bachelet was at Chile Day after her presidential tour to Finland and Switzerland. The timing of Chile Day with the "red tide" effects on the Chilean coastline and subsequent strikes on the island of Chiloe highlight the institutional challenges on governance and issues of contemporary significance, such as the collaterals of climate change.  Chile Day 2016 coincides with news in the media on a billionaire fraud case by the high-ranking military over the handling of the mandatory 10% copper sales allocation to military defense. These challenges provide important clues for a correct analysis of the political, economic, and social landscape of transformations that Chile is undergoing after a 25-year political cycle that saw governance prevail without major disturbances.