July 25, 2018 / 6:26 AM / 3 months ago

Antofagasta sticks to 2018 targets as Q2 copper output rises

LONDON, July 25 (Reuters) - Antofagasta on Wednesday reported a 6.1 percent increase in second-quarter copper production and a fall in costs, allowing it to maintain its targets for the year.

Copper production rose to 163,200 tonnes while cash costs fell by 7.5 percent to $1.85 per pound helped by a weakened Chilean peso and higher production at its Centinela mine. (Reporting by Zandi Shabalala; editing by Jason Neely)

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