Antofagasta plc
| Antofagasta plc
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|---|---|
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| legal form | Public Limited Company |
| ISIN | GB0000456144 |
| founding | 1888 |
| Seat | London , UK |
| management | Iván Arriagada (Group CEO) |
| Number of employees | 5.427 |
| sales | 3,620,000,000 US dollars |
| Branch | Copper mining |
| Website | www.antofagasta.co.uk |
| As of December 31, 2016 | |
Antofagasta plc is a Chilean mining company based in the UK . The company mainly mines copper , but also molybdenum and gold . It is at the Exchange London Stock exchange-listed and 100 FTSE listed.
Company history
The group began in 1888 as the railway company Antofagasta (Chili) and Bolivia Railway Company (today Ferrocarril de Antofagasta a Bolivia , abbreviated FCAB ). The company, founded by British investors, built a rail link, which it still owns today, to transport the copper ore between the Pacific coastal town of Antofagasta and the Bolivian seat of government, La Paz .
In 1980, the Luksic family acquired the company and diversified the company, including making the move into mining . The mines in Chile include Los Pelambres, El Tesoro and Michilla.
In a joint venture, it has the mining rights in an area of 60,000 square kilometers in Peru .
With their share stake of 65% (as of mid-2013), the Chilean billionaire family Luksic still controls the company's fortunes today.
production
In 2016, Antofagasta produced 709,400 tons of copper, 270,900 ounces of gold and 7,100 tons of molybdenum.