Mining firm Antofagasta first-half profits soar on copper price rise
JOHANNESBURG, Aug 22 (Reuters) - Chilean copper producer Antofagasta (Other OTC: ANFGF - news) said on Tuesday that first half profits jumped by more than 80 percent on a higher copper price, adding it was on track to meet annual targets.
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 88 percent to $1.1 billion for the six months to June 30, the miner said in a statement. (Reporting by Zandi Shabalala; Editing by Edmund Blair)