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LONDON (AP) - Mining company Anglo American PLC reported a nearly flat yearly net profit Wednesday even as China's surging economy helped drive up prices of coal, copper, zinc, platinum, iron ore and vanadium.
The mining company, which is listed in London and South Africa, said net profit for 2005 came to $3.52 billion. That compared with $3.5 billion in 2004, when results were boosted by contributions from the sale of a stake in Gold Fields Ltd. and a gain when AngloGold merged with Ashanti.
Revenue rose to $29.4 billion from $26.3 billion.
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