ANFGF News and Press, Antofagasta Plc From 07/19/23

2023-07-19 12:57:36 ET Antofagasta ( OTC:ANFGF ) said Wednesday its Q2 copper production rose from the previous quarter, but it reduced guidance for the full year, citing construction delays and water availability at the Los Pelambres operation in Chile. The miner reported Q2 co...

2023-06-23 10:30:00 ET Summary Antofagasta is a London-listed copper mining company with a specific focus on Chile. This year, the company will produce in excess of 1.5 billion pounds of copper at a cash cost of $1.65 per pound. The year started weak, but the production will i...

2023-06-20 16:59:19 ET Antofagasta ( OTC:ANFGF ) said Tuesday it applied for an environmental permit to extend operations at its Zaldivar copper mine in Chile through 2051, with an extension plan that includes $1.2B in projected spending for the base metals project. The miner is...

2023-06-07 08:57:11 ET Copper prices extended gains Wednesday to the highest in nearly a month on the " vague hope " that China will add more stimulus to its economy, boosting metals demand. Stimulus hopes apparently ramped up by data that showed China's overall exports declined muc...

2023-05-22 10:45:38 ET Summary The share price of ATEX Resources has surged by 158% over the past 18 months, driven by the company's advancements in delineating the Valeriano porphyry copper-gold project in Chile. In this article, I provide an updated investment thesis for ATEX Re...

2023-05-17 19:40:33 ET Chile's lower house on Wednesday approved a long-awaited mining tax and royalty reform that will require large copper miners to pay more to the government. The measure now only requires the signature of President Gabriel Boric, who has publicly supported it, t...

2023-04-19 09:56:23 ET Antofagasta ( OTC:ANFGF ) said Wednesday its Q1 copper production fell 25% from the previous quarter due to lower water availability and reduced ore grades. The Chilean copper miner said it produced 145.9K tons in Q1, which was 5% above year-ago levels...

2023-03-26 00:05:10 ET Summary Antofagasta is a UK-listed copper miner, producing 650kt annually. Chile is currently navigating a wave of political change likely to impact the world's largest copper producer. At 25x forward, it seems like a hefty price to take on so much conce...

2023-03-21 14:25:42 ET Chile's government will limit a copper mining royalty bill following criticism of its impact on the industry's competitiveness, Finance Minister Mario Marcel said Tuesday, according to Reuters. Among several potential adjustments, one could establish a lim...

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%. ...