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Antofagasta narrows 2018 guidance to lower end

Antofagasta (LSE:ANTO) has narrowed its full-year copper production guidance, bringing down the upper end after lower grades left the nine-month volume lower year-on-year, despite a strong September quarter.

Grades are rising at Antofagasta's Centinela mine in Chile

Grades are rising at Antofagasta's Centinela mine in Chile

The production guidance was narrowed to 705,000-725,000 tonnes from the previous 705-740,000t, while the net cash cost guidance was maintained at US$1.35 per pound as unit costs improved on higher production....

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