Antofagasta Reports Increased Output for Q2

Reuters reported today that Chile’s Antofagasta (LSE:ANTO) reported a 5 percent rise in copper output relative to the previous quarter. That output was slightly ahead of forecast, according to Reuters.

As quoted in the publication:

The London-listed miner, which like others in the copper sector is battling declining ore grades, rising costs and weak metal prices, produced 178,800 tonnes of copper in the second quarter, up 5.5 percent from the previous quarter, when output was hit by plant maintenance at its Los Pelambres and Esperanza operations and declining copper grades.

Click here to read the full Reuters article.