Antofagasta's Mineral Centinela sells electricity transmission lines for US$117mln
Mineral Centinela, in which Antofagasta owns 70%, is selling Centinela Transmisión - the business that holds its electricity transmission lines
Company
Antofagasta PLC
LON:ANTO
Antofagasta is a Chilean-based copper mining group with interests in transport and water distribution. It is listed on the London Stock Exchange and has been a constituent of the FTSE-100 index since 2004.The Group creates value for its shareholders through the discovery, development and operation of copper mining operations. It is committed to sustainable development, embedding safety and sustainability throughout its operations. In the conduct of its activities, it places great importance on health and safety, management of human resources, community relations and environmental matters.
504 stories · page 3 of 6
FTSE 100 tumbles 1.3% lower as trade worries grip markets
The UK blue chip index dropped 100 points after the US said it was ready to impose tariffs on an extra US$200bn worth of Chinese goods
FTSE 100 closes firmly higher as market shrugs off UK political chaos
Fiona Cincotta, senior market analyst at City Index, said the UK was now at a crossroads..
Investments and investor services
FTSE 100 closes in the red amid weak volumes and US holiday
The UK's premier index of leading shares closed at 7,573 - down around 20 points. FTSE 250 closed down around 12
FTSE 100 closes in red as ongoing trade standoff scares investors
The UK blue chip benchmark shed almost 90 points to finish the day at 7,547.
FTSE 100 dips towards bell but still closes higher; pound up against US dollar
The UK's premier index added over 25 points at 7,712, with resource stocks taking up four of the top five positions.
Antofagasta clears blockage at Los Pelambres pipeline
Antofagasta said its production guidance for the full year remains unchanged
Rising Treasury yields send a cold wind through markets, but miners remain a hot spot
In the coming switch away from equities, listed miners may fare better than most
Investments and investor services
FTSE 100 closes above 7,420 but gains capped by fall in Shell, US trade deficit in goods drops
Imports in the period fell 2.1%, while exports increased 2.4%
Shire takeover talk will overshadow results after Takeda upped the ante
Takeda on Wednesday increased its offer for Shire up to £46bn or £49 per share.
Stellar Diamonds shares leap as court approves its acquisition by NWF
A look at some of the biggest risers and fallers in London on Wednesday
FTSE 100 pares losses as US bond yields rise above 3%
Resource stocks suffer as US dollar makes headway on forex markets
Archive
Big results day for banks and drugs as Lloyds and GlaxoSmithKline step up to the plate
Day ahead includes first-quarter updates from blue chip firms Lloyds Banking Group, GlaxoSmithKline, Whitbread, and Persimmon ...
Archive
Lloyds, Barclays, RBS, GSK and Shire kick off earnings season for banks and pharmas
The week ahead in includes updates from Lloyds, Barclays, RBS, Shire, GSK, Whitbread, Persimmon and Shell
HSBC upgrades Rio Tinto amid spate of valuation changes in mining sector
The London-based bank also upgraded South32 to Buy from Hold while upping its target prices for Anglo American and BHP Billiton
Investments and investor services
FTSE 100 closes firmly higher as metals prices, sterling help
FTSE 100 gained support from higher metals prices and a slide in sterling on Wednesday to close higher
FTSE 100 closes higher as Wall Street surges; sterling eases
FTSE 100 closed higher, as did it mid-cap cousin, FTSE 250
Investments and investor services
FTSE 100 closes near flat as Middle East tensions cool
The UK blue-chip benchmark closed 1.20 points, or 0.02% at 7,258..
FTSE 100 joins global equity rally and ends higher with miners helping
Soothing comments from China's leader Xi Jinping seem to have gone down well with equities traders, particularly those in the US
Asiamet Resources comes out on top as Liberum provides a bearish assessment of the copper sector
In a sector note, the broker also revealed it is a 'seller' of three leading copper stocks
FTSE 100 closes positively as Wall Street rebounds, but Russian stocks hit
The UK blue chip share index finished around 11 points higher at 7,194
FTSE 100 consolidates gains to close higher but miners weigh
The UK blue-chip index finished over 44 points higher at 7,044, but big miners tempered gains
FTSE 100 heats up ahead of chilly weekend
The top-share index rallied in the afternoon session to close at 7,164, up 24 points on the day
Goldman Sachs upgrades miners to ‘attractive’ from ‘neutral’, concluding sector on “strongest footing for many years”
The US investment bank gave a boost to blue-chip miners, upgrading ratings for Anglo American PLC, Antofagasta PLC, and BHP Billiton
Investments and investor services
FTSE 100 closes in red as Wall Street suffers, but miners show support
FTSE 100 closed down around six points at 7,132 but big cap miners were up
Antofagasta nearly doubles 2017 dividend as it posts sharp rise in earnings, thanks to higher copper prices
The FTSE 100-listed Chilean miner said its 2017 underlying earnings (EBITDA) rose by 59% to US$2.6bn, up from US$1.63bn in 2016, as its EBITDA margin improved to 54.5% from 44.9%
FTSE 100 closes firmly lower as traders get jumpy about US politics
FTSE 100 finished almost 76 points lower at 7,138, while the FTSE 250 lost over 254 points at 19,863.
Archive
Philip Hammond's first-ever UK Spring Statement to show austerity still very much alive
The day ahead includes the first-ever UK Spring Statement from Chancellor Philip Hammond, plus full-year results from Antogasta, Cairn Energy, and Fevertree Drinks
Archive
Chancellor's Spring Statement unlikely to include big spending plans, says think-tank
The week ahead includes the UK's budget statement and earnings from Morrisons, Prudential, Cairn Energy, Cineworld, Savills, Wetherspoons, Balfour Beatty and Fevertree
Investments and investor services
FTSE 100 closes in red, despite US market turnaround
In London, the FTSE 100 closed down around 29 points at 7,252
Antofagasta's production challenges should subside in 2019, says Berenberg
Berenberg raised its rating on the stock to ‘hold’ from ‘sell’
FTSE 100 finishes sharply lower as financial stocks weigh
FTSE 100, which has been hitting record highs over the past weeks, hit a five week low
FTSE 100 closes higher, just, with miners in support
The FTSE 100, dragged higher by the miners, got off to a strong start today, but closed juts about six points higher
FTSE 100 clocks up 50 point gain despite strength of sterling
The dollar's revival did not last long, and although a weak dollar is regarded as being detrimental to the FTSE, the top-shares index still managed a 50 point gain
Investments and investor services
FTSE 100 closes lower as Euro gains ground
Britain's blue-chip benchmark finished around 27 points lower at 7,615.
Investors to look for clarity on Fox takeover in Sky’s trading update on Thursday
The proposed £11.7bn takeover of Sky from Fox is all becoming a bit messy, so investors will be hoping the UK broadcaster can shed some light on whether a takeover from anyone is likely
Archive
Margin improvements the focus for interims from drinks group Diageo in coming week
Week ahead includes updates from Diageo PLC, easyJet PLC, Dixons Carphone PLC, ASOS PLC, Sky PLC, JD Wetherspoon PLC, plus UK labour market and GDP data
Investments and investor services
FTSE 100 closes higher; Next keeps festive cheer rolling
On a separate note, Mifid II comes into force today with the aim of increasing transparency and making everyone in the investment chain more accountable for their decisions
FTSE 100 closes in red as UK manufacturing growth slows more than expected
The FTSE 100 gave up some of the gains made on its recent record-breaking run, with the pound's rise partially to blame
Investments and investor services
FTSE 100 closes above 7,600 as Santa rally kicks in
The FTSE 100 index closed up 78 points at 7,603, just off the all time high
FTSE 100 closes in positive territory, bolstered by weak pound
Footsie closed over 20 points higher at 7,348, benefitting as usual from the weaker pound.
FTSE 100 edges higher as "Spreadsheet Phil" sings 'This old house'
Lloyds's shares were changing hands at a rate of knots, while the house-builders saw some of their recent handsome gains creamed off
Antofagasta reports 3% rise in copper production. cash costs for the year lower than estimates
The FTSE 100-listed firm’s CEO, Iván Arriagada said: "We have had a further quarter of improved production with tonnages increasing by 3% compared to the previous quarter and by 4.5% on a year to date basis”
Investments and investor services
FTSE 100 closes over 1% lower as sterling spikes
The UK blue chip index closed down 1.05% to 7,447 as the pound strengthened after better-than-forecast UK GDP
FTSE 100 closes near flat as traders look for direction; Dow Jones surges
The UK blue chip index closed its account on Tuesday up 2.09 at 7,526.
FTSE 100 unchanged as pound jumps on Brexit hopes
The FTSE 100 index was less than a point higher at 7,523, well below the session peak of 7,560.04.
Koovs jumps on partnership deal with online clothing retailer N Brown
A look at some of the biggest risers and fallers today in London
FTSE 100 closes in negative territory despite resource stock gains
The UK blue chip index closed at 7,526, well below the session peak of 7,557.00 and close to the day’s low of 7,531.48
Antofagasta higher after investment bank upgrades stock to reflect higher copper price
Copper prices are now back to highs last seen in 2014 and the long-term outlook is positive
FTSE 100 closes higher despite weak Wall Street
Thursday lunch brought no surprises from the ECB, with the European Central Bank making no changes to interest rates.
Archive
Biffa, Bovis and Go-Ahead results all due, but ECB policy decision to take centre stage
Some big names are due to publish results on Thursday, but the European Centeal Bank’s decision on interest rates is what most traders will be waiting on
Archive
Barrage of builders to update in week ahead with Brexit concerns remaining key
Week ahead includes updates from a raft of housebuilders, including Barratt Developments, Berkeley Group and Bovis Homes, plus trading news from Halfords Group, and the latest European Central Bank Council meeting
Archive
Proactive weekly mining news - Tharisa, Anglo Pacific Group, Premier African Minerals ...
A look at the world of Proactive's small cap mining news highlights
Antofagasta jumps on first half profit surge thanks to higher copper prices, on track to meet annual targets
The Chilean copper producer reported underlying profit of (EBITDA) of US $1.1bn for the six months to June 30, up 87.8% from a year earlier, as revenue jumped by 41.9% to US$2,049bn
FTSE 100 rises sharply despite Provident Financial nightmare
The FTSE 100 rose 63 points to 7,382 and the pound has slipped amid Brexit fears
Archive
Big miners to dominate day ahead, with BHP Billiton and Antofagasta to post results
Aside from the two mining blue chips, FTSE 100-listed housebuilder Persimmon PLC will also report its first half results on Tuesday
Archive
Final trading week of August, but some big news still to come from Persimmon PLC, BHP Billiton PLC, and Antofagasta PLC
Week ahead includes first half results from Persimmon PLC, Antofagasta PLC, Cairn Energy PLC, Premier Oil PLC, WPP PLC; full year numbers from BHP Billiton PLC
Archive
Summer lull at its zenith on Friday with just a small cap AGM and some US consumer confidence data due
Very quiet day ahead with only an AGM for System1 Group - formerly known as Brainjuicer - and the University of Michigan preliminary consumer confidence reading for August due
FTSE 100 stays weak, but off lows as US stocks rally
At 3.15pm, the UK benchmark index was down 64 points at 7,325, above the session low of 7,296.49 but still set for its worst week in nine months having dropped nearly 250 points in the last three sessions of the week
Acacia Mining’s Tanzania tax battle was in the spotlight
Just days after the Tanzanian authorities slapped the miner with a S$190bn bill for unpaid taxes and penalties, on Friday it emerged that a senior Acacia Mining employee was arrested at the airport.
Antofagasta sees first-half production rise 7.1% and keeps full-year cost and output guidance unchanged
The FTSE 100-listed company said full-year production was still expected to be between 685,000 and 720,000 tonnes, unchanged from a forecast from the beginning of the year
FTSE 100 closes 17.5 higher as ITV plc takes podium
The blue chip index has more than made up for the miserable start to the week with a solid showing both yesterday and today...
Archive
Glaxo hoping not to make a right Horlicks of combating generics challenge
The recently-announced sale of Horlicks may be the sign of an increased focus on the drugs pipeline
Archive
One year on: BT, Royal Mail and ITV among worst-hit FTSE 100 stocks since the Brexit vote
A weaker pound following the Brexit vote has given the FTSE 100 and other UK indices a boost in the year since the Britain voted to leave the European Union
FTSE100 closes a tad lower as eyes and nerves turn to election
FTSE100 subdued after latest poll points to hung parliament
FTSE 100 closes in red despite Wall Street gains
The FTSE 100 was subdued in early trade and after the weekend's horrors
FTSE 100 closes 21 points down, but Nasdaq makes gains
The blue chip index in the UK finished down 21.12 at 7,526
Footsie ends the week in profit as US stocks extend rally
Concerns over "the Donald" appear to be easing, and investors took the opportunity to return to equity markets
Evrim Resources finalises Ball Creek Antofagasta deal
"Ball Creek carries significant district-scale exploration potential for gold-rich copper porphyry deposits..," the group said
FTSE 100 closes at record high; miners in support
The UK blue chip index closed at 7,454, below the new intra-day peak of 7,460.20, but above the previous high of 7,447 hit in March
Investments and investor services
FTSE 100 finishes little changed after "Super Thursday" underwhelms
The Footsie was back in black - but only just - thanks to precious metals miners
FTSE 100 firm but off highs despite new intra-day records for US indices
The UK blue chip index finished 41 points higher at 7,342, retreating from the session peak of 7,359 but still well above the day’s low of 7,300
Fundamentals returning to the fore in mining, at long last
The bear market recovery is now unwinding in the mining sector and fundamentals are once more coming to the fore.
FTSE 100 ends tough week on a flat note
Friday was a bit of a wash-out, with the Footsie ending little changed after a rough week
FTSE 100 down 164 points on snap election news; pound hits 10-week high
The UK prime minister has announced a snap general election for 8 June
Investments and investor services
FTSE 100 closes in positive territory as US shares buoyed by jobs report
Analysts said there appeared to be some confidence returning to London
Miners wobble, but Trump dump yet to have serious impact
Donald Trumps healthcare bill is in Congress, his first big test as President
Investments and investor services
FTSE 100, 250 and smallcaps all mark record highs after Fed rate hike and cap
FTSE 100 stocks ended solidly higher on Thursday after chalking a fresh record high as investors reacted to a tempered rate hike outlook in the US and relief at the defeat of the anti-immigration Freedom party in the Dutch election
FTSE 100 ends higher before Fed rate decision
FTSE 100 shares ended higher on Wednesday, thanks to buoyancy in the pharma and mining sectors while a US rate card was considered in the bag, priced and sold on the market
Antofagasta hikes dividend as full year earnings jump
Antofagasta has hiked its total dividend to 18.4c per share from 3.1c after achieving growth in full year profit and production
Archive
Day ahead - Copper group Antofagasta and savings giant Prudential in the cross-hairs
investors will be scanning full-year results from Chilean copper producer Antofagasta, due on Tuesday, for progress on the expansion of its Los Pelambres asset
Investments and investor services
FTSE up with copper, FTSE 250 marks record 19,000 as Scots want referendum
Around 3.30pm, the FTSE 100 index was up almost 28 points at 7,371, just below the day’s best level of 7,376, having only hit a low of 7,342
Archive
Antofagasta closing in on a feasibility study of expansion of Los Pelambres
Big names reporting include Antofagasta, Hikma and Robert Walters.
FTSE 100 stocks endure a refund as supermarket Morrison falls
FTSE 100 stocks bagged a net loss on Thursday after supermarket chain WM Morrison fell on an uncertain outlook
Argonaut Resources NL looks to increase cobalt exposure
Argonaut to increase interest to 90% in the Nyungu copper-cobalt deposit.
FTSE 100 shares tip higher, engineers in vogue ahead of Trump card
FTSE 100 stocks ended on a high on Tuesday after rangebound trading for much of the session, with engineers leading light gains
FTSE 100 ends lower on the week as loss-making RBS drags ticker south
London’s FTSE 100 ended lower on Friday, dragged lower by heavyweight loser RBS after it reported a ninth straight year of losses
Metal Tiger strongly extends yesterday's leap; Laura Ashley drops
The main risers and fallers around 2.45pm included Metal Tiger, CloudTag, Laura Ashley ...
Investments and investor services
FTSE shares ease with lower Wall St and ex-dividend stocks
FTSE 100 shares closed lower, dragged down by weaker US stocks and a flurry of ex-dividend stocks in London
Investments and investor services
FTSE 100 closes higher as mining stocks lap up higher copper prices
FTSE 100 shares closed higher on Monday as buoyant mining stocks responded to a strike in Chile which boosted copper prices
Gold on the rise as markets struggle to gauge the actual impact of Donald Trump
What will President Trump do next? Markets are well known for their hatred of uncertainty, and Trump's unpredictability may be starting to get investors spooked