What does Antofagasta produce?
Antofagasta is one of the major international copper producers with its activities concentrated mainly in Chile where it now operates four copper mines: Los Pelambres, Centinela (previously the Esperanza and Tesoro mines), Antucoya and Zaldivar (50% owned, 50% owned by the Canadian mining company Barrick Gold).
Who owns Antofagasta?
Metalinvest Anstalt
Luksic Group
Antofagasta plc/Parent organizations
What does Antofagasta PLC do?
WE ARE A CHILE-BASED COPPER MINING GROUP WITH INTERESTS IN TRANSPORT. Our purpose is to develop mining for a better future in an innovative, sustainable and inclusive manner.
What Antofagasta mines?
It produces copper concentrate (containing gold and silver) and molybdenum concentrate through a milling and flotation process.
What is Antofagasta known for?
the Pearl of the North
The city of Antofagasta is called the Pearl of the North of Chile. It is characterized by its beaches and the famous La Portada natural monument. The city of Antofagasta is called the Pearl of the North of Chile. It is characterized by its beaches and the famous La Portada natural monument.
Is Antofagasta a buy?
Antofagasta has received a consensus rating of Hold. The company’s average rating score is 1.89, and is based on 2 buy ratings, 4 hold ratings, and 3 sell ratings.
Why is Antofagasta so rich?
The Antofagasta Region is the heart of the mining industry, Chile’s main source of export revenue.
Is Antofagasta a tropical climate?
(Tropical and Subtropical Desert Climate). The average temperature for the year in Antofagasta is 63.0°F (17.2°C). The warmest month, on average, is January with an average temperature of 69.0°F (20.6°C). The coolest month on average is July, with an average temperature of 58.0°F (14.4°C).
Why has Antofagasta share price dropped?
Top News: Antofagasta cuts guidance due to drought in Chile Antofagasta shares were down over 4% this morning, having also been dragged lower by the recent fall in copper prices. This is because of the ongoing drought in Chile, with the company describing 2021 as the ‘driest of a 12-year drought’.
Why is Antofagasta dry?
The Atacama Desert coast is subject to a climate of extreme aridity, and therefore generates a low average annual rainfall of 3.4 mm (0.13 in) (1970–2000), and the Town of Antofagasta itself receives an annual average of less than 0.1 mm (0.00 in) of rainfall per year, earning it the record as the world’s driest town.
Does Antofagasta have snow?
Average monthly snow and rainfall in Antofagasta (Antofagasta Region) in millimeter. On average, June is the wettest month with 0.8 mm (0.03 inch) of precipitation. On average, October is the driest month with 0.0 mm (0.00 inch) of precipitation.