Antofagasta PLC (ANTO.L)
14 Jun 2019
** UK miner's shares down as copper prices hit 2-year low and recession worries fuelled by trade tensions
* Treatment charges for copper concentrate fall as low as $60/T
SANTIAGO, May 12 A trade war between the United States and China is depressing the price of copper and the red metal would be 5% to 15% higher without the dispute, the chairman for Chile's Antofagasta Plc told a Chilean newspaper on Sunday.
Chile-focused copper miner Antofagasta posted a 22.6 percent jump in first-quarter copper production and maintained its full-year output outlook, despite the possibility that China may ease stimulus measures which could hurt prices.
* Copper prices fall on worries China may ease stimulus measures (Adds details on copper production, context, analyst estimates)
April 24 Chilean-focused Antofagasta Plc reported a 22.6 percent jump in first-quarter copper production, bolstered by better grades and output mainly at its Centinela mine, while keeping its full-year output forecast unchanged.
LOS PELAMBRES MINE, Chile The global fight against climate change will boost demand for copper, a key metal used in the production of electric vehicles, Antofagasta chairman Jean-Paul Luksic said on Wednesday.
LOS PELAMBRES MINE, Chile, April 17 The global fight against climate change will boost demand for copper, a key metal used in the production of electric vehicles, Antofagasta chairman Jean-Paul Luksic said on Wednesday.
SANTIAGO, April 12 The global copper industry will be rocked by more disruptions this year than in 2018, contributing to a supply deficit as demand for the red metal continues to grow, the top executive of Chilean miner Antofagasta told Reuters.
SANTIAGO, April 9 Chilean miner Antofagasta Plc will retain its dividend policy of paying out at least 35 percent of underlying net earnings but will pay out excess funds from the proceeds of sales to shareholders, its chief executive said.
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