Antofagasta reports a 12% increase annual earnings due to copper prices recovering

Antofagasta raised its dividend almost threefold after reporting a 12% increase in annual earnings thanks to a recovery in copper prices. The Chilean miner said it had maintained its copper production during 2020 despite the onset of the pandemic in March. It declared a dividend of 54.7 cents a share – 100% of underlying earnings for the year.

Source: Financial Times