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By Shashwat Awasthi and Clara Denina
(Reuters) - Global mining companies must overcome COVID-related labour shortages and soaring production costs if they are to meet annual production targets, analysts said after downbeat quarterly reports.
London-listed Anglo American and Antofagasta are among those to have either lowered annual production targets or increased expected capital expenditure, laying part of the blame on the broad inflationary pressure coming from rocketing diesel prices.
As a ...
>>> Read more: Global miners must overcome labour shortages, inflation pain to meet targets
(Reuters) - Global mining companies must overcome COVID-related labour shortages and soaring production costs if they are to meet annual production targets, analysts said after downbeat quarterly reports.
London-listed Anglo American and Antofagasta are among those to have either lowered annual production targets or increased expected capital expenditure, laying part of the blame on the broad inflationary pressure coming from rocketing diesel prices.
As a ...
>>> Read more: Global miners must overcome labour shortages, inflation pain to meet targets
