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Antofagasta sees slow start to 2021 as COVID threat rises again

London-listed Antofagasta saw copper production fall 6% year-on-year in the March quarter due to lower grades at its Los Pelambres operation as COVID-19-related concerns continue to dog the Chile-focused miner.

Antofagasta sees slow start to 2021 as COVID threat rises again Antofagasta sees slow start to 2021 as COVID threat rises again Antofagasta sees slow start to 2021 as COVID threat rises again Antofagasta sees slow start to 2021 as COVID threat rises again Antofagasta sees slow start to 2021 as COVID threat rises again

Antofagasta's Los Pelambres mine is a sulphide deposit 240km north east of Santiago

While Q1 copper volumes of 183,000 tonnes also represented a 5% drop quarter-on-quarter, the figure was in line with guidance and analyst expectations.

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