ANFGF - Antofagasta Signs $600-Million Deal To Boost Water Supply For Centinela Expansion | Benzinga
Antofagasta‘s (OTCPK: ANFGF) stock price is up 1.82% at last check Thursday, trading at $27.95 per share after news broke that the company signed a $600-million deal to enhance water supply systems in northern Chile.
What Happened: The company took a critical step to ramp up mining production in a water-scarce region of Chile.
The latest investment is deemed essential for expanding the Centinela mine at a time when copper is becoming a focal point for the industry.
"Our commitment to responsible and sustainable mining drives us to invest in innovative solutions that ensure our operations have a reliable water supply while minimizing environmental impact," CEO Iván Arriagada said in a statement. “This agreement underscores our dedication to sustainability and operational efficiency.”
Antofagasta ...