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Antofagasta outlines COVID hit

Chile copper miner Antofagasta generated first-half revenue of US$2,139 million and EBITDA of $1,013 million on copper production of 371,700 tonnes and sees second half output coming in at about 353,000t to hit the bottom end of its pre-COVID full-year guidance for 725,000-750,000t.

Antofagasta outlines COVID hit Antofagasta outlines COVID hit Antofagasta outlines COVID hit Antofagasta outlines COVID hit Antofagasta outlines COVID hit

The London-listed company (ANTO) is now guiding for full-year net cash costs of $1.20/lb, 10c/lb below its original guidance, after achieving a 5.