Records profits and revenues at Antofagasta

Chilean copper miner Antofagasta increased revenues and earnings by just under a third in 2011 on the back of record levels of output.

Chilean copper miner Antofagasta increased revenues and earnings by just under a third in 2011 on the back of record levels of output.

Group revenue rose 32.7% to $6.08bn - a record figure for the group - from $4.58bn the year before. Earnings before interest, tax, depreciation and amortisation (EBITDA) climbed 32.1% to $3.66bn from $2.77bn in 2010.

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