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Pin to quick picksAntofagasta Share News (ANTO)

Share Price Information for Antofagasta (ANTO)

London Stock Exchange
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Share Price: 2,192.00
Bid: 2,189.00
Ask: 2,192.00
Change: 60.00 (2.81%)
Spread: 3.00 (0.137%)
Open: 2,140.00
High: 2,195.00
Low: 2,118.00
Prev. Close: 2,132.00
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Antofagasta copper output down 5.7% in Q1 as COVID infections surge

Wed, 21st Apr 2021 07:19

April 21 (Reuters) - Chilean miner Antofagasta said
on Wednesday copper production in the first quarter of 2021 was
down 5.7% at 183,000 tonnes from the same year-ago period, in
light of a surge of COVID-19 infections in the country.

"In March, Chile entered a second wave of COVID-19
infections as the number of cases in Chile accelerated, reaching
record daily cases since the outbreak of the pandemic," it said
in its quarterly production results.

"In addition to the health measures we introduced last year
we have further reduced our on-site workforce," it added.

The London-listed miner left its full-year guidance
unchanged at 730-760,000 tonnes of copper at a net cash cost of
$1.25 per pound and capital expenditure of $1.6 billion.

Its net cash costs rose to $1.16 per pound in the first
quarter from $1.10 a year earlier, it said.

The miner, which expects stronger production in the second
half, said that major maintenance works at its biggest mine, Los
Pelambres, originally planned for the second quarter and which
require a large number of additional workers on-site, is likely
to be rescheduled to later in 2021.
(Reporting by Clara Denina, editing by Louise Heavens)

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17 Jan 2024 09:03

TOP NEWS: Antofagasta annual production lifted by Pelambres ramp-up

(Alliance News) - Antofagasta PLC on Wednesday said its metal production was boosted last year by strong performances by its Los Pelambres and Centinela mines.

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17 Jan 2024 07:33

Antofagasta's 2023 copper output up 2%, sees higher capex in 2024

LONDON Jan 17 (Reuters) - Antofagasta on Wednesday reported a 2% rise in 2023 copper production to 660,600 metric tons on higher output at its flagship project Los Pelambres due to improved water availability.

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17 Jan 2024 07:20

Antofagasta annual copper production rises 2%

(Sharecast News) - Copper miner Antofagasta on Wednesday said annual production rose 2% to 660,600 sonnes, on higher output at its Los Pelambres operation in Chile, due to improved water availability from its desalination plant.

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11 Jan 2024 07:57

RBC Capital upgrades Antofagasta to 'outperform'

(Sharecast News) - RBC Capital Markets upgraded its stance on Chilean copper miner Antofagasta on Thursday to 'outperform' from 'sector perform' and hiked the price target to 1,800p from 1,300p.

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2 Jan 2024 08:09

IN BRIEF: Antofagasta non-executive director sells GBP90,000 in shares

Antofagasta PLC - London-based, Chile-focused mining group - Paulina Contreras, an associate of Non-Executive Director Ramon Jara, sells 5,260 shares at GBP17.02, worth GBP89,543.75, on Friday.

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20 Dec 2023 09:22

Antofagasta says Centinela second concentrator project approved

(Alliance News) - Antofagasta PLC on Wednesday said the Centinela second concentrator project has been approved by authorities in Chile.

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20 Dec 2023 08:29

Marubeni reaches agreement on copper projects in Chile

TOKYO, Dec 20 (Reuters) - Japan's Marubeni Corp said on Wednesday that in partnership with UK-based Antofagasta Plc it had agree to invest in an expansion project at Minera Centinela in Chile.

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