2010 Full Year Results Presentation - Antofagasta plc
2010 Full Year Results Presentation - Antofagasta plc
2010 Full Year Results Presentation - Antofagasta plc
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Cash cost profile<br />
<strong>2010</strong> copper cost curve (Ranked<br />
(<br />
by C1)<br />
Realised copper price and cash cost<br />
400<br />
330<br />
327<br />
359<br />
300<br />
267<br />
271<br />
Cost (c/lb Paid Cu)<br />
200<br />
100<br />
0<br />
<strong>Antofagasta</strong><br />
Source: Brook Hunt, a Wood MacKenzie company<br />
- 2,000 4,000 6,000 8,000 10,000 12,000 14,000<br />
129<br />
137<br />
111<br />
120<br />
96<br />
87<br />
40<br />
32<br />
96<br />
104<br />
2006 2007 2008 2009 <strong>2010</strong><br />
-100<br />
Comulative Production ('000 tonnes)<br />
Realised copper price (c/lb) Pre-credit cash costs (c/lb) Cash Cost<br />
Cash cost by operation (c/lb<br />
lb)<br />
2009 <strong>2010</strong> 2011E<br />
Copper<br />
Los Pelambres 80.4 79.3 78.9<br />
Esperanza - - 40.6<br />
El Tesoro 123.4 169.2 160.7<br />
Michilla 157.6 183.8 197.6<br />
Group weighted average net of by-products<br />
96.3 104.0 88.1<br />
Group weighted average<br />
(before deducting by products)<br />
120.3 137.3 137.7<br />
30
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