Antofagasta PLC (70GD_p.L)
14 Mar 2017
JOHANNESBURG Chilean miner Antofagasta more than tripled its interim dividend on Tuesday after a rally in copper prices boosted first-half earnings, lifting its shares to a four-year high.
* Expansion to stick to brownfield sites - CEO (Adds dividend, shares, CEO, analyst)
ALFALFAL, Chile Banks backing an embattled $2.5 billion hydroelectric project in Chile have privately expressed concern about the environmental management practices of companies building the complex, internal documents show.
ANTUCOYA MINE, Chile Chilean mining company Antofagasta could green-light a major, $1.1 billion revamp of its Los Pelambres copper mine in the first months of 2018, as rising copper prices buoy spirits in the sector, the company's CEO told Reuters on Friday.
* Set to hit high end of guidance - analyst (Adds detail, background)
(Updates prices) By James Regan and Melanie Burton SYDNEY/MELBOURNE July 25 London copper struck its highest level since mid-February on Tuesday after unexpected strength in China's economy and a weaker dollar fanned upside technical momentum. Sentiment towards copper from the physical market has improved as fabricators in China have replenished their inventories, Citi said in a report. "Bonded warehouse premiums returned to $72 a tonne, the highest in eight months,
(Adds comment, detail, updates prices) By James Regan and Melanie Burton SYDNEY/MELBOURNE July 25 London copper struck its highest level since mid February on Tuesday after a unexpected strength in China's economy and a weaker dollar fanned upside technical momentum. Sentiment towards copper from the physical market has picked up as fabricators in China have replenished their inventories, Citi said in a report. "Bonded warehouse premiums returned to $72/t, the highes
SYDNEY, July 25 Copper held overnight gains in early Asian trading on Tuesday, as the U.S. dollar made only a modest recovery from its lowest point in more than a year. The dollar is near 13-month lows, leaving dollar-denominated commodities such as copper cheaper for holders of other currencies.
SANTIAGO Copper miner Antofagasta has signed a wage deal with workers at its Zaldivar deposit in Chile, the company and the union said on Monday, averting threatened labor action.
SANTIAGO Union-represented workers and management at Antofagasta's Zaldivar copper mine failed to reach a wage deal on Thursday and they agreed to extend government-mediated talks into next week, the union said.