Anglo American reports Q4 production increases, record copper output
January 29, 2014 9:49 am
Miner, Anglo American (AAL.L) today reported Q4 figures, announcing rises in the output across most of its production and record copper production figures.
Iron ore output rose 25% at its Kumba Iron Ore unit, Iron ore being the biggest contributor to profits during 2012. Copper productionincreased by 24% to a record 214,400 tonnes, driven by continued strong performance at Los Bronces, and higher grades at Collahuasi.
Platinum equivalent refined production increased by 25% to 520,300 ounces as a result of an increase in production from Mogalakwena, and the normalisation of production at Rustenburg (Bathopele, Siphumelele and Thembelani), Amandelbult (Dishaba and Tumela) and Union mines that were impacted by the illegal industrial action in 2012
Miner, Anglo American (AAL.L) today reported Q4 figures, announcing rises in the output across most of its production and record copper production figures.
Iron ore output rose 25% at its Kumba Iron Ore unit, Iron ore being the biggest contributor to profits during 2012. Copper productionincreased by 24% to a record 214,400 tonnes, driven by continued strong performance at Los Bronces, and higher grades at Collahuasi.
Platinum equivalent refined production increased by 25% to 520,300 ounces as a result of an increase in production from Mogalakwena, and the normalisation of production at Rustenburg (Bathopele, Siphumelele and Thembelani), Amandelbult (Dishaba and Tumela) and Union mines that were impacted by the illegal industrial action in 2012
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