Antofagasta saw 1% increase in copper production in 2024, with positive outlook for 2025.

From Nasdaq: 2025-01-16 02:22:51

Antofagasta reported a 1% increase in copper production in 2024, reaching 664,000 tonnes. However, gold production decreased by 11% to 186,900 ounces due to lower grades at Centinela Concentrates. Molybdenum production remained steady at 10,700 tonnes for the full year. In the fourth quarter, copper production rose by 12% to 200,300 tonnes, while gold production increased by 32% to 68,200 ounces. The Group anticipates total copper production for 2025 to range between 660,000 and 700,000 tonnes, with additional growth at Centinela Concentrates.



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