Antofagasta's copper and gold production shrank sharply in the second quarter compared with the previous quarter.

Published: Jul 22, 2020 15:08

Source: SMM compilation

Save

[Antofagasta's copper and gold production shrank sharply in the second quarter compared with the previous quarter]

SMM7 March 22: today, Antofagasta released its second-quarter production report. In the second quarter, the company's copper production fell 8.4 per cent to 177700 tons; copper sales decreased 8.4 per cent to 178900 tons; gold production decreased 29.3 per cent to 46000 ounces; and molybdenum production increased 29.2 per cent to 3100 tons.

Antofagata's copper production so far totaled 371700 tons, down 4 per cent from a year earlier, while gold production totaled 111100 ounces, down 25.5 per cent from a year earlier.

Los Pelambres production situation

Centinela production situation

Antucoya production situation

Zaldivar production situation

Scan the code to apply to join the SMM industry communication group:

Mining production precious metals copper

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Jintian Co., Ltd.: Annual Capacity of Rare Earth Permanent Magnets Has Reached 9,000 mt; High-Precision Free-Cutting Copper Billet Has Been Used in Airborne Structures of Low-Altitude Aircraft

1 hour ago

2 hours ago

Sharp Decline in Copper Prices Prompted Some Downstream Enterprises to Operate at Full Capacity, and Spot Copper Turned to Premiums Across the Board [SMM South China Copper Cathode Spot Weekly Review]

2 hours ago

3 hours ago

The Operating Rate of China's Scrap-derived Copper Anode Producers Declined

[SMM Copper Anode market] Due to the narrowing price difference between copper cathode and scrap, the operating rate of China's scrap-derived copper anode producers declined, with production mainly carried out to fulfill long-term contracts. From March 13 to 19, the operating rate of SMM scrap-derived copper anode plate enterprises was 58.31%, down 0.5 percentage points WoW. As copper prices fell sharply, the operating rate is expected to decline to 54.65% next week.

3 hours ago