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Antofagasta guidance disappoints

Chile miner Antofagasta has taken some criticism from analysts for its 2020 guidance, which sets out higher than expected costs and lower production.

Antofagasta received a more favourable reception for its full-year 2019 production than for its 2020 guidance

Antofagasta received a more favourable reception for its full-year 2019 production than for its 2020 guidance

Antofagasta expects to produce 725,000-755,000 tonnes of copper in 2020, 180,000-200,000oz of gold and 12,500-14,000t of molybdenum. This compares against 2019 guidance of 750,000-790,000t copper. Antofagasta...

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