Chile’s Escondida, the world’s largest copper mine, posted net profits of US$1.03bn in Q1, a 160% increase from US$394mn year-on-year, the company said in a release late Monday.
Escondida’s owners include BHP Billiton and Rio Tinto.
See http://www.bnamericas.com/news/mining/Escondida_ups_profits_160*,_output_5*_in_Q1/185837733.