 Copper is the key driver of BHP's success |
The world's largest mining firm, BHP Billiton, will post record profits of over $10bn (�5.3bn), analysts say. Strong global demand for commodities such as copper, zinc and iron is creating new opportunities for mining firms such as BHP.
The Anglo-Australian firm, which announces final results on Wednesday is expected to earn $10.2bn to $10.6bn compared to $6.2bn a year before.
Reports in The Sunday Telegraph say shareholders will receive $3bn.
The massive profits will come despite a strike at the Escondida mine in Chile, responsible for 8% of the world's copper, and where BHP is the majority owner.
The strike has entered its second week with union members and management still in talks, and the government having intervened.
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