|
Anglo American plc Interim Management Statement Production Report for the first quarter ended 31 March 2011 |
|
|
|
|
Thursday, 21 April 2011 06:28 |
|
This report forms Anglo American plc's Interim Management Statement for the purpose of the UK Listing Authority's Disclosure and Transparency Rules.
- Platinum refined production increased by 19% to 532,900 ounces, while equivalent refined production decreased by 5%
- Nickel production increased by 27% to 6,100 tonnes
- Copper production decreased by 14% to 138,800 tonnes, mainly due to abnormally high rainfall and expected lower grades at Collahuasi, and scheduled maintenance and expected lower grades at Los Bronces
- Full year production expected to be marginally higher than 2010, based on the commissioning of the Los Bronces expansion project in Q4
- Thermal coal production from South Africa and Colombia increased by 2% to 16.0 million tonnes
- Metallurgical coal production from the Australian operations decreased by 37% to 2.1 million tonnes, due to severe flooding in Queensland
- Iron ore production decreased by 19% to 9.9 million tonnes mainly due to mining constraints caused by wet pit conditions, resulting from excessive rainfall at all of Kumba's operations
- Diamond production increased by 5% to 7.4 million carats
- Barro Alto nickel project produced first metal on schedule in March 2011
- 41,000 tpa average over first five years of full production
- Los Bronces expansion project on track to deliver first production in Q4 2011 Increased production to average 400 ktpa over first 10 years (490 ktpa over first three years) Minas-Rio iron ore project commenced civil works for the beneficiation plant
- 26.5 Mtpa production, with first ore on ship expected in second half of 2013
- Sales of Lisheen and Black Mountain Mining zinc interests completed in February 2011
- Announcement to combine UK businesses of Tarmac and Lafarge to create a leading UK construction materials company Interim Results for the half year to 30 June 2011 will be announced on 29 July 2011.
|
|
Last Updated on Thursday, 21 April 2011 06:40 |