Antofagasta shares edge higher after Elliott reveals £79m short position

  • Shares in Antofagasta PLC (LSE:ANTO) rose mid-morning on Tuesday after The Times reported that Elliott Investment Management had disclosed a £79 million short position against the FTSE 100 copper miner. Filings with the Financial Conduct Authority show the Florida-based hedge fund has taken a position against 0.52% of Antofagasta's issued share capital.