March 13, 2018 / 7:18 AM / in 7 months

CORRECTED-Chilean miner Antofagasta sees profits surge, raises dividend

(Corrects to nearly triple not double dividend, paragraph 1)

LONDON, March 13 (Reuters) - Chilean miner Antofagasta on Tuesday reported a sharp rise in full-year earnings thanks to higher copper prices and said it would nearly triple its dividend.

Its 2017 earnings before interest, tax, depreciation and amortisation (EBITDA) rose 59 percent to $2.6 billion, the company said in a statement.

Antofagasta said it would raise its annual dividend by 177 percent to 50.9 cents per share.

Reporting by Peter Hobson, editing by Louise Heavens

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