Antofagasta first-half earnings rise as higher copper prices offset output decline
Antofagasta first-half earnings rise as higher copper prices offset output decline LONDON, Aug 13 (Reuters) - Chilean miner Antofagasta ANTO.L posted a 27% increase in half-year core earnings on Thursday as high prices for energy transition material copper offset lower production.
Earnings before interest, tax, depreciation and amortisation (EBITDA) for the first six months of the year rose to $2.84 billion from $2.23 billion a year earlier.
(Reporting by Clara Denina. Editing by Mark Potter)