Antofagasta’s Profits Jumps 13 Percent

Bloomberg reported that copper miner Antofagasta’s 9-month profit shot up 13 percent, buoyed by an increase in output.

As quoted in the market report:

Earnings before interest, taxes, depreciation and amortization advanced to $2.83 billion from $2.51 billion a year earlier, the London-based company said today in a statement. Sales gained 16 percent to $4.85 billion.

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