July 24, 2019 / 6:13 AM / 3 months ago

Antofagasta second-quarter copper production jumps 22%

July 24 (Reuters) - Chilean miner Antofagasta Plc reported a nearly 22% jump in copper output in the second quarter, helped by better quality ore from its Centinela mine in the northern part of the country and maintained its annual production outlook.

“We maintain our production guidance for the full year at 750-790,000 tonnes and net cash cost guidance for the year is now expected to be $1.25/lb, 5c/lb less than guided at the beginning of the year,” Antofagasta said on Wednesday.

Copper production for the quarter was 198,600 tonnes compared with 163,200 tonnes, a year earlier. (Reporting by Yadarisa Shabong in Bengaluru; Editing by Shounak Dasgupta)

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