June 24, 2018 5:31 AM ET

Metals and Mining

Company Overview of Antofagasta Minerals S.A.

Company Overview

Antofagasta Minerals S.A. explores, produces, and sells copper and other minerals. The company produces copper concentrate and copper cathodes, gold, silver, and molybdenum. It sells its copper concentrate to smelters to extract silver and gold; and molybdenum concentrate for processing and refining. The company undertakes projects in Santiago, Chile; and Saint Paul, Minnesota. Antofagasta Minerals S.A. was formerly known as Anaconda Chile S.A. The company was founded in 1979 and is based in Las Condes, Chile with additional offices in Toronto, Canada; Lima, Peru; London, United Kingdom; Shanghai, China; and Queensland, Australia. It also has operations in Antofagasta, Chile; and exploration...

Av. Apoquindo 4001

Piso 18

Las Condes,  7550162


Founded in 1979


56 2 798 7000


56 2 798 7445

Key Executives for Antofagasta Minerals S.A.

Chief Executive Officer
Age: 53
Vice-President of Operations
Managing Director
Age: 84
Vice-President of Legal
Vice-President of Human Resources
Compensation as of Fiscal Year 2017.

Antofagasta Minerals S.A. Key Developments

Antofagasta Minerals S.A. Presents at III CEO Summit of the Americas, Apr-12-2018 08:30 PM

Antofagasta Minerals S.A. Presents at III CEO Summit of the Americas, Apr-12-2018 08:30 PM. Venue: Westin Lima Hotel, Calle Las Begonias 450. San Isidro, Lima, Peru. Speakers: Vivianne Amelia Blanlot Soza, Director.

Antofagasta's Los Pelambres Mine in Deal with Workers on Labor Contract

Antofagasta's Los Pelambres mine in Chile has reached an agreement with unionized workers for a new collective bargaining agreement, putting an end to the threat of strike action. The deal, reached during a period of government-mediated talks, includes an end-of-negotiation bonus of CLP 11.6 million ($19.06), a pay increase of CLP 35,000 and a loan of CLP 3 million per worker. The new contract is valid for 36 months, according to Antofagasta, noting that the deal meets the expectations of both parties and protects the competitiveness of the mine. With that, Los Pelambres concludes the process of collective negotiations with the mine's two workers' unions.

Antofagasta To Reportedly Sell Transmission Lines

Antofagasta Minerals S.A. intends to sell its transmission lines. The sale has attracted interest from the US, Europe and China with offers of around $150 million, sources added. A deal is expected to be closed between the end of February and March 2018.

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