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Article: Antofagasta reaps copper profits.(Statistical Data Included)
- Article from:
- Mining Journal
- Article date:
- September 8, 2000
CopyrightCOPYRIGHT 2000 Mining Journal Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The financial results for London-listed Antofagasta plc for the six months to June 30, 2000 demonstrated the quantum leap forward that the group has made in the past 12 months in its ambitions to become a major South American copper producer. Turnover rose more than four-fold compared with the first six months of 1999, to total US$316.2 million. The increase was due almost entirely to Antofagasta's 60%-owned Los Pelambres copper mine in northern Chile, which shipped its first concentrates last November and entered commercial production at the start of this year.
The commissioning of Los Pelambres coincided with rising copper prices (the average market price for ...
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Article: Luksic may expand Los Pelambres mine.
South American Business Information;
November 27, 2003 ;
367 words
... ... COMTEX) Jean Paul Luksic, chairman of Antofagasta, the mining arm of the Chilean group ... pound. The company, which controls Los Pelambres, Michilla and El Tesoro mines, expects ... said that the group might expand its Los Pelambres mine in the future depending on market ...
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