ANTO

Antofagasta Plc

1,459.00
12.00 (0.83%)
Share Name Share Symbol Market Type Share ISIN Share Description
Antofagasta Plc LSE:ANTO London Ordinary Share GB0000456144 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  12.00 0.83% 1,459.00 402,156 13:43:18
Bid Price Offer Price High Price Low Price Open Price
1,459.00 1,460.50 1,466.50 1,445.00 1,446.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Copper Mining 5,862.00 1,533.00 155.50 9.33 14,383.65
Last Trade Time Trade Type Trade Size Trade Price Currency
13:41:58 AT 35 1,459.00 GBX

Antofagasta (ANTO) Latest News

Antofagasta (ANTO) Discussions and Chat

Antofagasta Forums and Chat

Date Time Title Posts
23/4/202319:59Antofagasta320
18/8/202211:29Antofagasta - FTSE Mining Company - Poised For Recovery993
30/11/201617:19Analysts' Viewpoints on Antofagasta (ANTO)-
20/8/201611:08*** Antofagasta ***1
09/4/201622:47ANTO1,943

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Antofagasta (ANTO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
12:41:581,459.0035510.65AT
12:41:581,459.0035510.65AT
12:41:581,459.002273,311.93AT
12:41:351,459.00343.77AT
12:41:321,459.501341,955.73AT

Antofagasta (ANTO) Top Chat Posts

Top Posts
Posted at 21/2/2023 10:42 by grupo guitarlumber
https://uk.advfn.com/stock-market/london/antofagasta-ANTO/share-news/Antofagasta-PLC-2022-Full-year-results-announcemen/90287806
Posted at 26/1/2023 14:39 by diku
It just keeps giving free money to the upside...with the amount of shares in issue...80% up in 4 months for FTSE100 share...
Posted at 18/1/2023 21:42 by diku
This is one share that just keeps giving to the upside...but well due profit taking...
Posted at 18/1/2023 09:26 by gibbs1
Philip Whiterow

08:23 Wed 18 Jan 2023


Antofagasta upbeat as copper price rallies and production recovers

"The recent strength in the copper market is a positive start to the year"
Copper Fourth quarter copper production was 195,700 tonnes, up 7.6% on the previous three months

Antofagasta PLC (LSE:ANTO) said it ended 2002 on a strong note with higher copper prices, production rising, and cost pressures stabilising.

Production for the year just ended was 646,200 tonnes of copper, in line with the bottom of revised forecasts, with the Chile-based miner forecasting that to increase in the current year.

“With the Los Pelambres desalination and concentrator plants expected to be in production during the second quarter of the year after finishing commissioning, we forecast annual copper production in 2023 will increase to between 670,000 and 710,000 tonnes with net cash costs of $1.65/lb,” said Iván Arriagada, Antofagasta chief executive in the production update.

Fourth quarter copper production was 195,700 tonnes, up 7.6% on the previous three months as throughput at Los Pelambres and Centinela Concentrates recovered.

Gold production was 20% higher at 56,100 ounces (oz), making 176,800 oz for the year, which is expected to rise to 220-240,000 oz in 2023.

"The recent strength in the copper market is a positive start to the year, reflecting not just the relaxation of Covid restrictions in China and its expected stronger growth, but also the fundamental long-term importance of copper and the need for increased supply,“ Arriagada added.

Copper prices have recovered from US$3.24//lb in July to US$4.29/lb currently, while gold is close to an all-time high.

Antofagasta said it expects cash costs in 2023 to be $2.20/lb, in line with 2022, reflecting higher production and decreased input costs offset by inflation and a stronger Chilean peso

Net cash costs in 2023 are expected to be $1.65/lb including by-product credits.

Antofagasta shares rose 1% to 1,760p in early trade on Wednesday and are up almost 70% in four months.
Proactive

Posted at 11/1/2023 12:50 by diku
How they raise it 1400p when price is already above it at 1800p?...
Posted at 10/1/2023 12:20 by philanderer
Deutsche Bank raises Antofagasta price target to 1,400 (1,200) pence - 'hold'
Posted at 09/1/2023 10:07 by empirestate
The whole sector has had too much of a good run of late on their share prices, time for a correction i think
Posted at 11/8/2022 08:45 by waldron
Antofagasta PLC on Thursday reported a profit drop for the first half of 2022 and reiterated recently-revised guidance for the full year.

The Chile-focused copper mining company made a pretax profit of $679.6 million for the first six months of 2022, down from $1.78 billion a year earlier.

Earnings before interest, taxes, depreciation and amortization plunged 48% to $1.24 billion, reflecting lower copper production and prices, and higher costs. This was slightly below the market consensus of $1.26 billion--provided by Vuma and averaged from 13 analysts' estimates.

Antofagasta declared an interim dividend of 9.2 U.S. cents a share, down from 23.6 cents in 2021.

The group reiterated 2022 guidance, with copper production of 640,000-660,000 metric tons at a net cash cost of $1.65 a pound.

"We expect the remainder of the year to look very different from the first half--as production improves quarter-on-quarter, we ship and sell the concentrate that was impacted by the concentrate pipeline incident, and the desalination plant at Los Pelambres starts, significantly alleviating the issue of water availability," Chief Executive Ivan Arriagada said.



Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT



(END) Dow Jones Newswires

August 11, 2022 02:42 ET (06:42 GMT)

Posted at 20/7/2022 08:20 by tuftymatt
Yeah it seems to news was priced in already which would make sense after the recent share price performance.

Thought I may have seen a sub £10 price but not today so good luck all that hold 👍🏻

Posted at 20/7/2022 07:13 by waldron
https://uk.advfn.com/stock-market/london/antofagasta-ANTO/share-news/Antofagasta-PLC-Q2-2022-PRODUCTION-REPORT/88627806
Antofagasta share price data is direct from the London Stock Exchange
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