World's biggest miner BHP posts record $10.5bn profits
The world's biggest mining firm BHP Billiton has made record half-year profits thanks to strong demand and high prices.
It earned more than $10bn in the final six months of last year, up more than 70%.
Profits from iron ore nearly tripled and copper profits were up 45%.
In fact, BHP Billiton is so cash rich it is returning most of that money to investors in the form of a share buy-back scheme.
Maleen Saeed reports.
16 Feb 2011