CLThe state-owned mining company Enami reported improved results for the second quarter, with profits of $12.1 million between April and June, compared to losses of $7.5 million during the same period last year. However, for the first half of the year, overall profits amounted to $13.8 million, representing an 18.3% decrease compared to $16.9 million in the same period of 2025. This decline was attributed to higher operational costs, including an increase in administrative expenses from $23.9 million in 2025 to $29.9 million in 2026. Copper production dropped significantly by 325.8% compared to the previous year, primarily due to reduced deliveries at third-party plants such as Ventanas, Cerro Negro, and the cessation of deliveries from Barriles. While sales volumes of copper cathodes fell by 34.7%, revenue increased due to higher average copper prices on the London Metal Exchange. Despite lower sales volumes, revenue rose because of higher average selling prices for copper.
Bias read (Center): The article provides factual financial data and performance metrics of a state-owned enterprise without overtly favoring any political stance. It presents figures and explanations for changes in profit margins, production levels, and sales volumes without apparent ideological framing or biased phras
