Antofagasta plc

Antofagasta proves profitable (September 09, 2002)

Bucking the trend of many copper producers, Antofagasta posted a profit of US$52.5 million for the first six months of 2002.This marks an 84% jump over the US$28.5 million tallied in the first six mon…


Inca Pacific tables resource for Magistral

Vancouver — Inca Pacific Resources (IP-V) and partner Anaconda Peru have tabled an updated mineral resource for the Magistral copper-molybdenum-silver project.The new resource weighs in at 105 millio…


Los Pelambres mine propels Antofagasta

Denver — Copper production was up 16% in the first half of the year for Antofagasta (ANFGF-O), though profits were clipped by low prices.The London-based company produced 193,900 tonnes of the red me…


Antofagasta chairman chips in properties

Denver — A.A. Luksic, chairman of Antofagasta (ANFGF-Q), has contributed several northern Chilean properties to the London-based copper producer from his privately owned investment firm Mineralinvest…


El Tesoro mine aims for spring startup

Beginning in May, London-listed Antofagasta expects to produce 75,000 tonnes of cathode copper per year at the newly completed El Tesoro heap-leach mine. Antofagasta holds a 61% interest in the US$296…


Aussie miner seeks damages from contractor

Denver — Australia’s Equatorial Mining has filed suit against consulting giant Kvaerner, seeking US$145 million in damages after the Tonopah copper mine in southern Nevada failed to live up to expect…


Mine propels Antofagasta

Denver — A strong performance by the Los Pelambres copper mine in northern Chile enabled London-based Antofagasta (ANFGF-Q) to post a profit for 2000.Earnings for the period jumped to US$138.2 millio…


Anaconda exercises Magistral option

Vancouver — Having completed an internal scoping study of Inca Pacific Resources’ (IP-V) Magistral porphyry-skarn project in northern Peru, Anaconda Peru is continuing its exploration effort.As part …


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