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Antofagasta helps European shares edge higher

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Published: Tuesday, 12 Mar 2013 | 4:47 AM ET

LONDON, March 12 (Reuters) - European shares turned slightly higher in morning trade on Tuesday, led by miner Antofagasta after it more than doubled its dividend payout.

Shares in the mining firm rose 5 percent after it announced a higher-than-expected dividend hike on the back of higher profits.

It topped the pan-European FTSEurofirst 300 index, which was up 0.1 percent at 1,195.67 at 0844 GMT, consolidating just below a 4-1/2 year high hit on Friday.

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LONDON, March 12- European shares turned slightly higher in morning trade on Tuesday, led by miner Antofagasta after it more than doubled its dividend payout. Shares in the mining firm rose 5 percent after it announced a higher-than-expected dividend hike on the back of higher profits.

   
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