{"id":1202682,"date":"2020-08-20T03:34:00","date_gmt":"2020-08-20T08:34:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=ffb7b2786b4eb3c692f2c049b857f453"},"modified":"2020-08-20T07:17:17","modified_gmt":"2020-08-20T12:17:17","slug":"antofagasta-earnings-slump-on-weak-copper-prices-keeps-dividend","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1202682","title":{"rendered":"Antofagasta earnings slump on weak copper prices, keeps dividend"},"content":{"rendered":"<p>Antofagasta posted a 22.4% plunge in first-half core earnings on Thursday on lower copper sales and metal prices due to the Covid-19 crisis, although the Chilean miner said it would pay an interim dividend in line with its existing payout policy.<\/p>\n<p>The pandemic has hampered mining activity across the globe, with Antofagasta suspending the expansion of its flagship Los Pelabres mine in April for about four months, and operating with two-thirds of its workforce at all its mines.<\/p>\n<p>The miner said the realised copper price dropped 12.5% in the period, while its sales of the red metal were down 2.2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Antofagasta posted a 22.4% plunge in first-half core earnings on Thursday on lower copper sales and metal prices due to the Covid-19 crisis, although the Chilean miner said it would pay an interim dividend in line with its existing payout policy.<\/p>\n<p>The &#8230;<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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