Antofagasta plc
Antofagasta: 2005 results
Antofagasta, a miner that is almost a pure play on the copper market reported that pre-tax profits rose 28% to $1.5bn in the year to December 2005.
The company’s activities are based mainly in Chile, where it operates three copper mines, Los Pelambres, El Tesoro and Michilla, with a total production of 467,300 tonnes in 2005. […]
Antofagasta AGM statement
Antofagasta announced a five month trading update at its AGM.
Total copper production at 194,800 is 0.9% higher than the corresponding period reflecting lower production in the last two months. Q1 production was up 9.0% to 118,800 tonnes; thus production fell by 9.7% over the last two months. As noted previously, full year production […]
Antofagasta : Q1 production
Antofagasta’s FY05 first quarter production at 118,000 tonnes was 9% higher that the corresponding quarter but 4.7% below the quarterly average of 2004 and 10.1% below the last quarter of 2004. Group cash cost was low, reaching a negative 8.0 cents per pound as a result of higher molybdenum prices (up 94%).
Antofagasta produces copper […]
Antofagasta
Antofagasta’s 2004 turnover was almost doubled from that of 2003 to US$ 2.0bn with EBITDA up 153% to US$ 1.2bn: Higher copper prices (up 61%), higher copper production (up 5.6%) and the effects of operational gearing drove the increase in profits. Antofagasta continued to increase production year-on-year, with production in 2004 up 5.6% […]
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