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PRODUCTION GUIDANCE UPDATE

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RNS Number : 1710S
Antofagasta PLC
04 November 2019
 

NEWS RELEASE, 4 NOVEMBER 2019

 

PRODUCTION GUIDANCE UPDATE

 

 

Further to the 3Q 2019 Production Report announcement on 23 October 2019 and following the unrest in Chile, all of the Company's mines are now back in operation. Disruptions of the mines' supplies mainly affected Los Pelambres whose access road was blocked. This, combined with some damage to ancillary infrastructure outside Los Pelambres' perimeter, is estimated to have an impact on the Company's full year production of approximately 10,000 tonnes of copper, including the 5,000 tonnes previously disclosed.

At Antucoya, labour negotiations have been successfully concluded with the union ending the strike which started on 16 October. The impact on copper production is estimated at approximately 4,000 tonnes.

As a result of the above, full year copper production is now expected to be in the range of 750-770,000 tonnes (previously 750-790,000 tonnes). 

 

 

Investors - London


Media - London


Andrew Lindsay 

[email protected]

Carole Cable

[email protected]

Telephone

+44 20 7808 0988

Telephone

+44 20 7404 5959

Andres Vergara

[email protected] 

Will Medvei

[email protected]

Telephone

+44 20 7808 0988

Telephone

+44 20 7404 5959







Media - Santiago




Pablo Orozco

[email protected]



Carolina Pica

[email protected]



Telephone

+56 2 2798 7000

 


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Price: 988.72038

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Market Cap: £96.93 m
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