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

iconJul 22, 2020 15:08
Source:SMM compilation
[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.

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