Xstrata (LSE:XTA) Led by Copper and Coal

Xstrata (LSE:XTA) announced today that production for the first quarter was up, led by copper and coal.

Copper and coal is expected to account for just under 75 percent of Xstrata's earnings in 2010, with copper leading the way with 38 percent, and coal just behind it at 36 percent.

For the first quarter, copper production rose by 3 percent, while coal production increased by 9 percent, mostly on solid production in Australia.

Analysts are looking for Xstrata's earnings to surge 93 percent as share on a continual rise in commodity prices.