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Chile's July copper output dropped 9.8% amid storm disruptions at major mines, leading Antofagasta and Lundin to cut guidance and economists to lower 2026 GDP forecasts.
Chilean miner Antofagasta reported a 27% rise in half-year earnings driven by high copper prices, but cut its 2026 output forecast after a mine shutdown caused by extreme rains.
A severe storm in Chile killed at least 10 people and disrupted transport, impacting copper mining operations and agricultural harvests in key regions. Major miners including Codelco and Antofagasta a
Chilean miner Antofagasta proposes linking copper ore sales to spot-market indexes, challenging the decades-old benchmark system amid supply shortages and collapsing treatment charges. This shift sign
Chilean miner Antofagasta is exploring copper opportunities in Argentina following policy reforms aimed at boosting investment. The company considers partnerships or standalone exploration, leveraging
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