Antofagasta cuts 2019 copper output guidance amid demonstrations in Chile

Copper miner Antofagasta has cut its 2019 copper production guidance by 10,000 tonnes after demonstrations and unrest affected its operations in Chile.

Antofagasta reduced its full-year output guidance to 750,000-770,000 tonnes of copper, from its previous estimate of 750,000-790,000 tonnes. Production from the company’s mines was halted amid walkouts from unionized workers and road blockades, but has since been resumed, Antofagasta said. Los Pelambres was the worst affected of the company’s assets, the company said. Output at the Los Pelambres...


Renato Rostás

November 04, 2019

17:36 GMT

São Paulo