Antofagasta is bordered by the Pacific Ocean on the west and steep hills to the east
Antofagasta is a long and thin city located just south of the Península de Mejillones and north of the Cerro Coloso, 768 miles north of Valparaiso in 23°38'39S latitude and 70°24'39W longitude.
Although Antofagasta is in a very arid zone, its development was and is still based upon extraction of raw materials found in the area, shifting from guano to potassium nitrate (saltpeter) to copper over the years.
Antofagastaplc is a mining company which specialises in copper.
It is based in Chile and majority owned by the billionaire Luksic family of Chile, but it has a corporate office in London, England.
The Group began as a railway company, the Antofagasta (Chili) and Bolivia Railway Company (Ferrocarril de Antofagasta a Bolivia), which was founded to construct a railway from the port of Antofagasta to the Bolivian capital La Paz.
Antofagastaplc is la hoteles a mining company which specialises in copper.
antofagasta America it was sierra funded población antofagasta mainly by British investors, and antofagasta the company was propiedades incorporated in London in 1888.
In 1996 the company's banking and industrial interests were transferred antofagasta to antofagasta another Luksic family company leaving forecast Antofagasta as things hotel specialist mining porcentaje concern.
www.bizhisto.com /antofagasta.htm (461 words)
Antofagasta on Encyclopedia.com(Site not responding. Last check: 2007-10-13)
Antofagasta was founded by Chileans in 1870 to exploit nitrates in the Atacama Desert, then under Bolivian administration.
Antofagasta has depended primarily on nitrates and copper and sulfur exports, and its economy has often been affected by sharp fluctuations in world demands.
The Univ. of the North was established in Antofagasta in 1956.
Antofagastaplc is one of the largest international copper producing companies in the industry.
The Group's mining division, Antofagasta Minerals, is also actively involved in exploration particularly in Chile and Peru.
In addition, the Group operates an extensive rail network servicing the important mining region of northern Chile, which is centred on the port of Antofagasta.
www.mineweb.net | co_releases Antofagasta(Site not responding. Last check: 2007-10-13)
Antofagasta, together with Tethyan, have also entered into a deed of termination with BHP Billiton entities (“BHP Billiton”) whereby BHP Billiton’s rights to claw-back a material interest in certain of Tethyan’s mineral interests (“Claw-back Right”) will be extinguished (“BHP Billiton Termination Deed”).
A partnership with Tethyan will allow Antofagasta to apply its mining and development skills and its experience in large-scale projects, to evaluate the mineral resources at Reko Diq and ensure that they are developed to their full potential to the mutual benefit of the shareholders of both Antofagasta and Tethyan.
Antofagasta continues to look at opportunities globally to secure rights to world-class mining assets to enhance its overall growth profile.” The agreements referred to above were signed after the last time at which an announcement of the transaction could have been made by Tethyan through the Australian Stock Exchange.
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Antofagastaplc announced that it has recommended a final dividend of 94 cents per ordinary share payable on June 15, 2006 to shareholders on the register at the close of business on May 12, 2006.
Antofagastaplc announced that it has signed a binding Heads of Agreement (HoA) with Tethyan Copper Company Limited involving the acquisition by Antofagasta of a 50% equity interest in Tethyan's mineral interests in Pakistan and the concurrent subscription for a 19.95% shareholding in Tethyan.
Antofagasta, together with Tethyan, has also entered into a deed of termination with BHP Billiton entities, whereby BHP Billiton's rights to claw-back a material interest in certain of Tethyan's mineral interests will be extinguished.
Antofagasta confirms to raise stake in Tethyan Copper to 14.85 pct
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www.mineweb.net | sections | base metals Antofagasta target $32, rated(Site not responding. Last check: 2007-10-13)
Tumazos said he rated AntofagastaPLC as "Overweight" because "it is a modern, low-cost pure play on the copper industry and that copper has the best fundamentals of any commodity that we cover."
The company has three major Chilean copper mines, which were expected to produce 366,000 tonnes of copper in 2004 at a cash cost of 28.9-cents per pound.
Tumazos said Prudential was raising its molybdenum price realization for Antofagasta from $12 per pound to $30 per pound in 2005 because demand in moly-based stainless steel alloys should continue to be strong.
Antofagasta has three business divisions: mining, transport and water, and remains one of the largest international copper producing companies in the industry.
The group's mining division, Antofagasta Minerals, is also actively involved in exploration in Chile and Peru.
The transport division operates an extensive rail network servicing the important mining region of northern Chile, and centred on the port of Antofagasta.
www.northcote.co.uk /?SDL=NI00178 (136 words)
Citywire :: News About: Antofagasta PLC(Site not responding. Last check: 2007-10-13)
Record oil prices keep the pressure on the markets but Lloyds TSB is a bright spot on the back of vague speculation that US banking giant Wells Fargo is mulling a bid for the group.
Antofagasta outperforms a weak FTSE 100 as bid speculation surrounding the Chilean-based copper miner refuses to fade.
The FTSE 100 closed marginally higher, with bid hopes powering Rentokil Initial and Antofagasta but drugs groups lost out on fresh safety concerns in the sector.
The agreement, in principle, includes a future royalty payment to SQM to the extent that Antofagasta Holdings PLC effectively sells copper and other related products extracted from the respective properties.
SQM and Antofagasta Holdings PLC will negotiate the terms of the contract and expect to obtain a final agreement during January 2006.
After the negotiations, SQM will inform if it was possible or not, to reach an agreement with Antofagasta Holdings PLC.