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Antofagasta disappoints with costs, production

Chile-focused miner Antofagasta failed to hit market consensus for production, costs and realised prices in the second quarter.

Antofagasta disappoints with costs, production Antofagasta disappoints with costs, production Antofagasta disappoints with costs, production Antofagasta disappoints with costs, production Antofagasta disappoints with costs, production

Antofagasta struggles in second quarter

"Production and sales volumes were weak across the board and cash costs were higher than expected," said Tyler Broda, mining analyst at RBC Europe.