Miner Antofagasta falls after quarterly copper output misses expectations

Antofagasta

15/07/2026 08:23

** London-listed Chilean miner Antofagasta ANTO.L down 3% at £37.29 per share, top loser in FTSE 100 index .FTSE, which is down 0.6%
** The company's first-half copper production down 9.5% due to lower output at Los Pelambres and Centinela mines, after logging second-quarter production of 142,000 tons
** RBC Capital Markets analysts say that output was lower than brokerage's and company-compiled expectations
** Still, ANTO reiterates annual outlook for production of 650,000 to 700,000 tons of copper, expecting sequential quarterly production increases through rest of year
** Stock up 14.4% YTD, including session losses


 (Reporting by Anushka Chourasia in Bengaluru)
 ((Anushka.Chourasia@thomsonreuters.com))