Antofagasta Mining’s Moly Production Increases 30.1 Percent

Mineweb reported that Antofagasta Mining announced a production increase of 30.1 percent year-to-date, compared to last year, at their Los Pelambres operation in Chile’s Coquimbo Region.

As quoted in the market report:

The company’s moly production at the Los Pelambres operation in Chile’s Coquimbo Region climbed 30.1% from 7,300 tonnes in the first nine months of 2011 to 9,500 tonnes for the same period of this year, reflecting “the particularly high molybdenum grades in the current year,” the company said. Production for the third quarter of this year was reported at 3,000 tonnes.

To view the whole Mineweb report, click here.