FTSE 100 news / Companies and sectors / Antofagasta / 17 October 2026

Antofagasta (ANTO): news on Saturday 17 October 2026

+0.3 neutral

Coverage was mixed: a preliminary deal ended the Centinela strike and the company secured record copper treatment charges in an auction. Against that, Jefferies and Berenberg cut price targets and higher fuel and cash costs weighed on forecasts.

What drove it

Centinela strike deal
treatment charges auction
analyst target cuts

The 7 stories

Each headline's own score, strongest first. Links go to the publisher.

+9.2 Striking unions at Antofagasta's Centinela copper mine reach preliminary deal, ending strike Reuters
Strike at Centinela mine ends with preliminary deal, removing production risk.
+8.3 Antofagasta nets its highest ever copper treatment charges in auction, sources say Mining.com
Record copper treatment charges secured in auction, favourable terms for smelting.
+8.3 LME WEEK-Antofagasta nets its best ever copper treatment charges in auction, sources say marketscreener.com
Best ever treatment charges in auction, same favourable story.
−6.7 Berenberg Cuts Antofagasta Target After A Softer Q3 Finimize
Berenberg cuts target after softer third quarter.
−5.8 ii view: fuel costs affect Antofagasta's forecasts Interactive Investor
Higher fuel costs weigh on forecasts.
−5.0 Jefferies Lowers Antofagasta PT, Keeps Hold Rating marketscreener.com
Jefferies lowers price target, keeps Hold.
−1.7 Key facts: Centinela strike, Antofagasta plc; Q3 steady; cash costs up TradingView
Steady Q3 but higher cash costs and strike mentioned.

Antofagasta: every day · Mining on 17 October 2026 · FTSE 100 overview for the day