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Antofagasta, Antofagasta

Antofagasta buy snow

Our growth projects have been temporarily suspended and we have been running our operations with approximately two-thirds of the workforce on-site, with the remainder either quarantining or working remotely. The future capacity increase from to litres per second will be a separate project to the Los Pelambres Expansion project and is expected to be approved once the additional necessary environmental permits have been received. In the meantime, additional pumping capacity and other infrastructure will be installed as part of the Los Pelambres Expansion project to improve the overall capital efficiency and execution time of the two stages of the capacity increase. The COVID restrictions on future construction work require the project to continue with reduced manpower numbers and as this, together with the additional changes to the desalination plant, will impact the construction schedule and costs beyond what is included in the above estimates, the project schedule and cost remain under review. An updated estimate will be provided in Q4 Download Results PDF. Note: The financial results are for continuing operations and are prepared in accordance with IFRS other than as noted in 2 below. Refer to the alternative performance measures section on page 57 to the half-year financial report below. Excluding the effect of this one-off refund, cash flow from operations decreased by Participants can join the conference call here. Andrew Lindsay alindsay antofagasta. Andres Vergara avergara antofagasta. Carole Cable antofagasta brunswickgroup. Will Medvei antofagasta brunswickgroup. Pablo Orozco porozco aminerals. News Home Investors News. These measures have included health self-assessments prior to site access, strict social distancing, health monitoring, the provision of hygiene kits, strict facilities cleaning protocols and Company-arranged chartered transport to and from the mine sites. Mine development and maintenance were initially restricted, but as the operations have adjusted to the new working conditions, work in these areas has resumed Growth projects in execution As previously announced, the construction work on the Los Pelambres Expansion project has been temporarily suspended since March with some limited work continuing, mostly on the desalination plant at Los Vilos. To reduce the risk to water availability, the original design capacity of the desalination plant is being reviewed to facilitate a future phased expansion to litres per second, up from the original litres per second design. Activities are now resuming largely as per the original schedule but delayed by approximately six months to the first half of due to the suspension and integration of fully revised health protocols. This new contract will be value accretive as power costs will be significantly reduced in stages from onwards. Cash costs before by-product credits 1.

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