Antofagasta plc (ANTO.L)
- Simply Wall St.
The total return for Antofagasta (LON:ANTO) investors has risen faster than earnings growth over the last three years
One simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive...
- Simply Wall St.
Antofagasta (LON:ANTO) Shareholders Will Want The ROCE Trajectory To Continue
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
- Reuters
Antofagasta CEO voices concern about recession hitting copper prices
The chief executive of Chilean miner Antofagasta Plc, Ivan Arriagada, voiced concern on Wednesday that a more recessionary environment could depress copper prices, adding he expects any global downturn to be temporary. Chile is the world's largest copper producer, and earlier on Wednesday the government cut its 2023 average price estimate to $3.62 per pound, from a previous estimate of $3.92 last July. "The trajectory followed by copper prices in a more recessionary context is a cause for concern" Arriagada told reporters during an event in Santiago.
