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8	8	* Mining is its core business, representing over 97% of its revenue and EBITDA.
9	9	* The Group operates four copper mines in Chile, two of which produce significant volumes of by-products.
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12	12	[[image:ANTO0.jpg||height="191" width="720"]]
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28	28	[[image:ANTO1.jpg]]
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31		-Company History
	30	+== Company History ==
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33	33	The company's history began as the Antofagasta (Chili) and Bolivia Railway Company limited, incorporated in London in 1888. It raised money on the London Stock Exchange to build and operate a railway from Antofagasta, a port on the Pacific Coast of northern Chile, to La Paz, the capital of Bolivia.
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42	42	[[image:ANTO4.jpg]]
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45	45	= Business Segments =
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101	101	* Zaldívar Chloride Leach
102	102	* Twin Metals Minnesota
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105	105	== Exploration ==
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107	107	The exploration team has continued to conduct its activities at a reduced level in Chile and elsewhere in the Americas as it has adapted to the restrictions required under new COVID-19 protocols introduced during the year.
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182	182	* Gold production for the quarter was 66,800 ounces, 8.8% higher than in the previous quarter, and for the year-to-date production rose by 25.4% to 187,300 ounces, both increases as a result of higher grades at Centinela
183	183	* Molybdenum production in the quarter was 2,600 tonnes, 7.1% lower than the previous quarter on lower grades and recoveries at Centinela. For the year-to-date, production was 8,400 tonnes, 500 tonnes lower than in the same period last year
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186	186	As at the end of Q3 the Los Pelambres Expansion project was 59% complete (design, procurement and construction). Completion of the desalination plant is expected in H2 2022 and of the concentrator plant expansion by the end of 2022
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188	188	At Zaldívar construction of the Chloride Leach project at the end of Q3 was 90% complete and is expected to be completed on schedule and according to plan in H1 2022