0R15 9080.0 -2.7837% 0R1E 9565.0 5.7373% 0M69 None None% 0R2V 233.75 12.1103% 0QYR 1560.0 -0.7634% 0QYP 409.5 0.0% 0RUK None None% 0RYA 1576.0 1.2203% 0RIH 190.65 0.0% 0RIH 190.3 -0.1836% 0R1O 218.55 9948.2759% 0R1O None None% 0QFP 10717.21 112.6431% 0M2Z 295.8502 1.1713% 0VSO 32.02 -10.0688% 0R1I None None% 0QZI 595.0 0.0% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 226.55 0.1373%

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Antofagasta (LSE:ANTO) Sees 15% Rise in Q3FY24 Copper Production, Maintains FY24 Guidance of 670k to 710k Tonnes

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Highlights

Antofagasta PLC (LSE:ANTO) is a leading FTSE 100 company focused on copper mining. It manages four copper mines in Chile and also operates a transport division in Northern Chile to support mining clients. The company’s copper production in the third quarter of the financial year 2024 (Q3FY24) increased by 15% QoQ to 179,000 tonnes, driven by inventory destocking at Los Pelambres and improved grades and recoveries at Centinela. Gold production in Q3FY24 also surged by 54% QoQ to 51,800 ounces, fueled by higher gold grades at Centinela Concentrates.

Financial Update

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