AT A GLANCE: Antofagasta maintains copper guidance but warns of drought impact

London-listed Chilean copper miner Antofagasta maintained its annual guidance of 730,000-760,000 tonnes of copper production for 2021, despite output dipping in the second quarter.

The company warned that drought conditions at its Los Pelambres mine are the worst than they have been for 12-years, and that guidance could be impacted unless rain returns. In brief: Antofagasta's copper production was 178,400 tonnes in the second quarter, down 2.5% against the previous quarter. Output dropped in part due...


Archie Hunter

July 21, 2021

09:49 GMT