Sharecast - At 0845 GMT, the FTSE 100 was down 0.5% at 7,790.83. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown (LON:HRGV), said: "US Recession...
LONDON (Reuters) -Chilean miner Antofagasta (LON:ANTO) on Wednesday reported a 10.4% fall in 2022 copper output, as lower ore grades and a drought in Chile continued to hurt...
On an otherwise dull start to the day, the FTSE pulled back from yesterday’s levels as trading got underway. The UK’s foray above 7,100 didn’t last long. After...
A crackdown on commodity prices in China allowed the European markets to creep higher on Monday. Tackling the ‘speculators and hoarders’ that have so aggressively...
In March 2020, during the early days of the pandemic, the cash price of copper hit a multi-year low of $4,617 per tonne on the London Metal Exchange, which is owned by the Hong...
Antofagasta plc is a United Kingdom-based copper mining company with interests in transport. The Company's operations are related to mining and exploration activities, and the transport of rail and road cargo. The Company operates through two divisions: Mining and Transport. Through its Mine division, the Company owns and operates four mines: Los Pelambres, which is located in the Coquimbo region of central Chile, and Centinela, Antucoya and Zaldivar are located in the Antofagasta region of northern Chile. The Company’s Transport division is known as Ferrocarril de Antofagasta a Bolivia (FCAB) and provides rail and truck services to the mining industry in the Antofagasta region, including the Company’s own mining operations. The Los Pelambres is a sulphide deposit in Chile’s Coquimbo Region, located approximately 240 kilometers (kms) north of Santiago. Its Centinela mines sulphide and oxide deposits, which is located approximately 1,350 kms north of Santiago in the Antofagasta Region.