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COPPER CAPER

10th April 2015

By: Martin Creamer

Creamer Media Editor

  

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While London-listed Chilean mining company Antofagasta is cautious on 2015 macroeconomics, it remained steadfast on 2014 dividend payouts, which totalled $212-million for the 12 months to December 31. Although Antofagasta CEO Diego Hernandez, above, reported 17.8%-lower 2014 earnings before interest, taxes, depreciation and amortisation (Ebitda) at $2 221.6-million on lower copper prices, the company’s Ebitda margin of 42% was not that far below last year’s 45.3%.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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