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Antofagasta

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Antofagasta (äntōfägä`stä), city (1992 pop. 226,749), capital of Antofagasta region, N Chile, a port on the Pacific Ocean. Antofagasta was founded by Chileans in 1870 to exploit nitrates in the Atacama Desert, then under Bolivian administration. Its occupation by Chilean troops in 1879 sparked the War of the Pacific (see Pacific, War of the Pacific, War of the, 1879–84, war between Chile and the allied nations, Peru and Bolivia; also called the Chile–Peruvian War. The trouble began when President Hilarión Daza of Bolivia rescinded (Feb.
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), and after the war the city and province were ceded to Chile. Antofagasta has depended primarily on nitrates and copper and sulfur exports, and its economy has often been affected by sharp fluctuations in world demands. Borax and iodine are also mined. The city is an international commercial center and a major industrial hub with large foundries and ore refineries. Backed by desert hills, Antofagasta enjoys a fine climate but has little rainfall. Water is piped in from the San Pedro River, 280 mi (451 km) away. The Univ. of the North was established in Antofagasta in 1956. The city is located on the Pan-American Highway, which facilitates communication with the rest of Chile.

Antofagasta

Seaport (pop., 1999: est.: 243,038), capital of Antofagasta region, northern Chile. Located on Moreno Bay, it was a Bolivian city until it was taken by Chile in 1879 (see War of the Pacific). Its early growth resulted from the nitrate boom that began in 1866 and from the Caracoles silver discovery in 1870. The largest city of northern Chile, it remains a supply source for the mines and is a communications centre on the Pan-American Highway.



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Rio was almost 2% higher - up 21p at 1401p - while Antofagasta finished on the leader board, adding 15.
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Meanwhile Antofagasta has reversed an earlier decline to climb 5.
 
 
 
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