ANFGF News and Press, Antofagasta Plc From 10/19/22

Antofagasta ( OTC:ANFGF ) said Wednesday it produced 181.9K metric tons of copper in Q3, 40% more than in Q2 , as output nearly doubled at its flagship Los Pelambres project in Chile due to improved water availability. The Chilean miner said it guides for FY 2023 copper...

Summary Antofagasta's 2022 will be weak on a production level basis, but should recover in 2023. With an anticipated production of about 1.7 billion pounds of copper in 2023, it's one of the largest copper producers in the world. Despite the lower copper price, Antofagasta sho...

Summary Copper has lost all the gains it made this year, as inflation has climbed higher, interest rates have risen, and energy costs keep surging. The metal has been weighed down by China’s property sector woes and Covid-19 lockdowns, while investors have turned away from ...

Antofagasta ( OTC:ANFGF ) cut its 2023 production guidance Tuesday and said this year's output will come in at the lower end of its previous forecast after the collapse of a construction platform at its Los Pelambres desalination plant in Chile. The company sees FY 2022 copp...

The following slide deck was published by Antofagasta plc in conjunction with their 2022 Q2 earnings call. For further details see: Antofagasta plc 2022 Q2 - Results - Earnings Call Presentation

Antofagasta ( OTC:ANFGF ) sued the Biden administration on Monday in an attempt revive its proposed Twin Metals copper and nickel project in Minnesota, which was blocked earlier this year over concerns it could pollute a major recreational waterway. The lawsuit said the le...

Antofagasta plc (ANFGF) Q2 2022 Earnings Conference Call August 10, 2022 2:00 AM ET Company Participants Andrew Lindsay - Director of London Office Ivan Arriagada - CEO Mauricio Ortiz - CFO Conference Call Participants Ephrem Ravi - Citi Research ...

Freeport McMoRan ( NYSE: FCX ) +4.3% in Thursday's trading, up 30% from mid-July lows, as copper prices continue their steady advance to hit a six-week high . According to Reuters, benchmark copper on the London Metal Exchange ( HG1:COM ) recently was +0.7% t...

Copper miner Antofagasta ( OTC:ANFGF ) on Thursday reported a drop in H1 profit , as production was hurt by higher costs, lower grades and a persistent drought in Chile. The company said its H1 pre-tax profit totaled $679.6M, nearly two-thirds less than $1.78B reported in th...

Due to current market conditions in China, Russia's Udokan and Mongolia's Oyu Tolgoi pose significant risks to the prosperity of Chilean mining companies. Antofagasta looks like an obvious outsider, being overvalued relative to its peers in terms of valuation multiples, key operating ...