ANFGF News and Press, Antofagasta Plc From 02/28/23

Summary Anglo American commissioned the Quellaveco copper mining project in Peru to boost production amid a lackluster performance in 2022. AAUKF’s commitment over the next decade has been to balance its investments to drive margin and improve volume growth by more than 35%. ...

The following slide deck was published by Antofagasta plc in conjunction with their 2022 Q4 earnings call. For further details see: Antofagasta plc 2022 Q4 - Results - Earnings Call Presentation

Antofagasta plc (ANFGF) Q4 2022 Earnings Conference Call February 21, 2023 05:30 ET Company Participants Ivan Arriagada - Chief Executive Officer Mauricio Ortiz - Chief Financial Officer Rene Aguilar - Vice President, Corporate Affairs and Sustainability Conferen...

Antofagasta ( OTC:ANFGF ) reported Tuesday its FY 2022 pretax profit fell 26% to $2.56B from $3.48B in the year-earlier quarter, and revenues slid 22% to 5.86B from $7.47B a year ago. The Chilean miner's EBITDA for 2022 sank to $2.9B from $4.84B a year earlier, as high input cost...

Antofagasta press release ( OTC:ANFGF ): FY GAAP EPS of $5.97. Revenue of $5.86B (-21.6% Y/Y). For further details see: Antofagasta GAAP EPS of $5.97, revenue of $5.86B

The U.S. Interior Department on Thursday blocked mining in part of northeast Minnesota for 20 years, the latest blow to Antofagasta's ( OTC:ANFGF ) Twin Metals copper and nickel mining project, a step officials said was needed to protect the state's network of interconnected waterways. ...

Summary Introduction. The State of Ambivalence. Clouds on the horizon. For further details see: State Of Ambivalence

Antofagasta ( OTC:ANFGF ) on Wednesday reported higher copper and gold output for Q4 in line with guidance, while forecasting production and net cash costs will rise in 2023. The miner reported production of copper jumped 7.6% Q/Q to 195.7K metric tons in Q4 but fell 10.4% Y/Y to 646....

Summary The supply/demand imbalance in copper has already started. I like Antofagasta for fundamental value and macro reasons. The copper miner has a clear runway for production growth after years of development capex. The recent Glencore plc ( OTCPK:GLCNF ) investor upd...

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...