Anglo iron, coal and copper output up, while platinum and diamonds fall

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Published : July 20th, 2012
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JOHANNESBURG (miningweekly.com) – Global miner Anglo American on Friday said successful project execution and asset optimisation delivered volume growth in its iron-ore, metallurgical coal, export thermal coal, copper and nickel divisions for the second quarter ended June, while diamonds and platinum performed weaker.

The company’s iron-ore production increased by 12% to 12.9-million tons, owing to output from it subsidiary Kumba Iron Ore increasing by 11% to 11.4-million tons, 13% above the 10.1-million tons achieved in the first quarter, while production improvements at its Amapá project, in Brazil, also contributed to the higher output.

Following the successful early commissioning in August 2011, Kolomela mine, in South Africa, continued to ramp up well, with 1.7-million tons produced during the quarter.

The company’s production results were published a day after it announced significant managerial shifts at its South African businesses triggered by the exiting of Anglo American Platinum CEO Neville Nicolau.

 

 

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