Anglo American Plc posted a jump in profit, according to the company's financial results.

The company also raised its dividend, as stated in its official announcement.

Record copper prices

Anglo American attributes the profit jump to record copper prices.

Our performance was bolstered by higher copper prices.
— Duncan Wanblad, CEO of Anglo American

CEO Duncan Wanblad attributed the strong performance to rising copper prices, according to the company's earnings release.