Antofagasta Copper Yields Rise 9.4% in First Quarter, Leaves Production Target Untouched

Published: Apr 27, 2017 10:15 (GMT+8)

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Chile-based Antofagasta reported Wednesday its copper production increased 9.4% year-on-year in the first quarter of 2017 and left its annual production target unchanged this year, according to wenhua

SHANGHAI, Apr. 27 (SMM) - Chile-based Antofagasta reported Wednesday its copper production increased 9.4% year-on-year in the first quarter of 2017 and left its annual production target unchanged this year, according to wenhua.com.

Antofagasta’s copper output grew 9.4% year-on-year to 171,900 tonnes due to improvement at two mines. But production fell 16.4% on a quarterly basis due to lower ore grade.

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It left production target unchanged at 685,000-720,000 tonnes.

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