Antucoya is approximately 1,400 km north of Santiago and 125 km north-east of the city of Antofagasta. Antucoya mines and leaches oxide ore to produce copper cathodes using the solvent extraction and electrowinning (SX-EW) process.VISIT OUR WEBSITE FOR DETAILS
Antucoya improved its operational reliability and consistency during the year with daily ore throughput increasing by 14.3% compared to 2019.
EBITDA was $166 million compared with $86 million in 2019, reflecting higher sales volumes and realised prices, and lower operating costs.
Antucoya produced 79,300 tonnes, 10.3% higher than the previous year on higher throughput, partially offset by lower grades and recoveries.
Cash costs for 2020 were $1.82/lb, 16.1% lower than in 2019 due to tight cost control, higher production, the weaker Chilean peso and lower input prices.
Capital expenditure was $42 million, including $19 million on mine development.
Production is forecast to be 75–80,000 tonnes of copper and cash costs are expected to be approximately $1.80/lb.