Pimenton catapults SAG&C to producer status
Santiago, Chile — Having recently ramped up to production, the Pimenton gold and copper mine in the High Andes of central Chile is bringing
Antofagasta plc
Antofagasta proves profitable (September 09, 2002)
Bucking the trend of many copper producers, Antofagasta posted a profit of US$52.5 million for the first six months of 2002.This marks an 84% jump over the US$28.5 million tallied in the first six mon…
Inca Pacific tables resource for Magistral
Vancouver — Inca Pacific Resources (IP-V) and partner Anaconda Peru have tabled an updated mineral resource for the Magistral copper-molybdenum-silver project.The new resource weighs in at 105 millio…
Los Pelambres mine propels Antofagasta
Denver — Copper production was up 16% in the first half of the year for Antofagasta (ANFGF-O), though profits were clipped by low prices.The London-based company produced 193,900 tonnes of the red me…
Antofagasta chairman chips in properties
Denver — A.A. Luksic, chairman of Antofagasta (ANFGF-Q), has contributed several northern Chilean properties to the London-based copper producer from his privately owned investment firm Mineralinvest…
El Tesoro mine aims for spring startup
Beginning in May, London-listed Antofagasta expects to produce 75,000 tonnes of cathode copper per year at the newly completed El Tesoro heap-leach mine. Antofagasta holds a 61% interest in the US$296…
Aussie miner seeks damages from contractor
Denver — Australia’s Equatorial Mining has filed suit against consulting giant Kvaerner, seeking US$145 million in damages after the Tonopah copper mine in southern Nevada failed to live up to expect…
Mine propels Antofagasta
Denver — A strong performance by the Los Pelambres copper mine in northern Chile enabled London-based Antofagasta (ANFGF-Q) to post a profit for 2000.Earnings for the period jumped to US$138.2 millio…
Anaconda exercises Magistral option
Vancouver — Having completed an internal scoping study of Inca Pacific Resources’ (IP-V) Magistral porphyry-skarn project in northern Peru, Anaconda Peru is continuing its exploration effort.As part …