ANTOFAGASTA PLC (ANFGF $12.05, RATING RAISED TO NEUTRAL, Price Target RAISED to $11/share from $9/US ADS share) ACQUISITION OF 40% OF HYDROELECTRIC POWER PLANT LOWERS FUTURE COSTS; INCREMENTAL EXPANSION, HIGHER PRODUCTION AT EL TESORO, ESPERANZA, and LOS PELAMBRES RAISE EARNINGS ESTIMATES 7/16/2013
ANTOFAGASTA PLC (ANFGF $12.05, RATING RAISED TO NEUTRAL, Price
Target RAISED to $11/share from $9/US ADS share) ACQUISITION OF 40% OF
HYDROELECTRIC POWER PLANT LOWERS FUTURE COSTS;
INCREMENTAL EXPANSION, HIGHER PRODUCTION AT EL TESORO,
ESPERANZA, and LOS PELAMBRES RAISE EARNINGS ESTIMATES 7/16/2013