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Upping the Anto

A production increase, margin improvement and positive outlook for the sector were enough to see Antofagasta (LN:ANTO) up its dividend by more than 80% in 2016.

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A slower-than-anticipated ramp up at Antucoya in Chile led to a $215.6 million pre-tax impairment in 2016

While an unexpected writedown related to its Antucoya mine in Chile and slightly higher operating-cost guidance for this year dented some optimism, the company remains one of the top pure play copper