Chile covid cases surge dents Antofagasta copper output

Mining News Pro - Chilean miner Antofagasta (LON: ANTO) said on Wednesday copper production in the first quarter of 2021 fell 5.7% to 183,000 tonnes from the same period a year ago, as a recent and sharp spike in covid-19 cases takes its toll.

Antofagasta keeps guidance unchanged despite second Covid wave

Mining News Pro - Chilean copper miner Antofagasta has kept its guidance for the full year unchanged at between 730 000 t and 760 000 t, despite the country enduring a sharp uptick in Covid infections in recent weeks.

Antofagasta says surging copper price not enough to entice big investments

Mining News Pro - Miners will think twice before splashing out on major new projects even as copper prices have soared to decade-long highs this year, the CEO of Chile`s Antofagasta told Reuters.

Antofagasta’s Los Pelambres expansion to cost an extra $400m

Mining News Pro - Chilean miner Antofagasta revealed on Wednesday that the expansion project at its Los Pelambres operation in the home country would cost $1.7 billion, up from the original estimate of $1.3 billion, due mainly to revised marine works and the value of a desalination plant extension.

Antofagasta agrees copper charges for 2021, Codelco to follow

Mining News Pro - Antofagasta Plc and Codelco will supply copper concentrate at treatment and refining charges of $59.50 per tonne and 5.95 cents per lb in 2021, signing up at the benchmark rate miners have now managed to lower for six years in a row.

Antofagasta’s Centinela union rejects contract offer, opens door to strike

Mining News Pro - A union at Antofagasta Minerals’ Centinela copper mine in Chile rejected a contract offer from the company on Monday, paving the way for a strike at the small deposit, its president said.

Union at Antofagasta’s Centinela preparing to vote for strike

Mining News Pro - A worker´s union at Antofagasta Minerals’ Centinela copper mine in Chile is preparing to vote next week on a contract offer but says it will likely reject it, paving the way for a strike at the deposit, the union chief told Reuters on Friday.

Nova acquires royalty on Antofagasta’s Twin Metals project

Mining News Pro - Nova Royalty has entered into a royalty purchase agreement with a subsidiary of Boart Longyear to acquire an existing 2.4% net smelter return royalty on a portion of the Twin Metals project owned by Antofagasta PLC.

Workers, Antofagasta reach labor deal at Chile’s Zaldivar copper mine, strike averted

Mining News Pro - The union of workers at Antofagasta’s Zaldivar copper mine in northern Chile told Reuters it had reached a contract deal with the Chilean-based miner, averting the risk of a walk-off.

Copper miner Antofagasta maintains guidance

Mining News Pro - Chilean copper miner Antofagasta has maintained its guidance at the lower end of its original target range for the year, having gained experience in working safely in the new era of Covid-19.

Workers at Antofagasta’s Zaldivar mine vote to strike

Mining News Pro - Workers at Antofagasta Minerals’s Zaldivar copper mine in Chile have voted in favour of strike action after rejecting a pay offer, the mine’s union said on Friday.

Antofagasta copper production up despite cutbacks

Mining News Pro - Chilean miner Antofagasta said on Wednesday it expected coronavirus-related restrictions to slightly affect copper production for 2020, as about two-thirds of its workforce are still on-site at its all its operations.

Antofagasta sees slight dent to copper output despite cutbacks

Mining News Pro - Chilean miner Antofagasta said on Wednesday it expected coronavirus-related restrictions to slightly affect copper production for 2020, as around two-thirds of its workforce are still on-site at its all its operations.

Antofagasta halts expansion at Los Pelambres

Mining News Pro - Chilean miner Antofagasta said on Monday it had suspended a $1.3 billion expansion project at its Los Pelambres operation in the home country for an estimated four months as the coronavirus pandemic has made it impossible to carry on with work.

Antofagasta`s Centinela to go 100% renewable

Mining News Pro - Centinela, 70% owned by copper mining group Antofagasta, has signed a power contract for renewable energy with Engie Energía Chile

Chile protests take toll on Antofagasta quarterly output

Mining News Pro - Chilean copper miner Antofagasta saw production for the three months ended in December fall by 5.8% as a result of massive protests against inequality in the South American country and issues affecting its flagship Los Pelambres mine and the Antucoya project.

Antofagasta seeks green light for Minnesota mine near wilderness

Mining News Pro - Chile’s Antofagasta said on Wednesday that it had kicked off the environmental permitting process for its $1.7 billion Twin Metals copper, nickel and platinum mining project in the United States after the Trump administration overturned an Obama-era decision to protect a nearby wilderness area.

Antofagasta seeks state mediation over labor dispute at Los Pelambres

Mining News Pro - Chile’s Antofagasta, one of the world’s largest copper producers, has requested government mediation to resolve a contractual dispute with supervisors at its flagship Los Pelambres mine, the supervisors´ union said on Monday.

Antofagasta-Barrick JV in Chile safe from strike action

Mining News Pro - Chile’s Minera Zaldívar, which is 50% owned by Barrick Gold and 50% by Antofagasta Minerals — the mining arm of Antofagasta Plc — yielded to the demands of the Supervisors Union to avoid a strike that had been looming since late August.

Antofagasta wary of US-China trade war despite strong results

Mining News Pro - Chilean miner Antofagasta Plc. (LON: ANTO) said Thursday it was striving to offset the impact of lower copper prices, which have fallen 4% this year, due to uncertainties brought by the US-China trade war.

Antofagasta’s copper output climbs on better grades

Mining News Pro - Chilean copper miner Antofagasta Plc (LON:ANTO) reported an almost 22% increase in copper output in the three months leading up to to June 30, thanks mostly to better ore grades, particularly at Centinela.

Antofagasta secures funding for Los Pelambres expansion project

Mining News Pro - Management at Chilean miner Antofagasta Plc. was able to secure this week full funding for the expansion project of its flagship Los Pelambres copper mine.

Antofagasta expects water agreement with BHP for Zaldivar mine

Mining News Pro - Chile`s Antofagasta expects to reach an agreement with miner BHP to help ensure water supply at its Zalidvar copper mine in the country`s northern desert, a company official told a Chilean newspaper on Friday.

Antofagasta expects copper deficit of up to 300,000 tonnes this year

Mining News Pro - Chilean miner Antofagasta Plc. expects the anticipated global copper deficit to hit between 100,000 and 300,000 tonnes this year as consumption growth remains positive, but production increases are minimal.

Chilean miner Antofagasta studying $3bn expansion at Centinela

Mining News Pro - Chilean copper miner Antofagasta is evaluating building a new concentrator plant at its Centinela mine that would cost around $3 billion, the CEO of the company was quoted telling a local daily on Sunday.

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