Anglo American plc Production Report for the third quarter ended 30 September 2014
23 October, 2014
Anglo American plc Production Report for the third quarter ended 30 September 2014.
Overview
| Q3 2014 | Q3 2013 | % vs. Q3 2013 | |
|---|---|---|---|
| Iron ore (Mt) | 13.0 | 9.5 | 37% |
| Export metallurgical coal (Mt) | 5.1 | 4.9 | 4% |
| Export thermal coal (Mt) | 9.0 | 9.4 | (4)% |
| Copper (t)(1) | 176,900 | 207,300 | (15)% |
| Nickel (t)(2) | 10,700 | 9,500 | 13% |
| Platinum (equivalent refined) (koz)(3) | 533 | 623 | (14)% |
| Diamonds (Mct)(4) | 8.2 | 7.7 | 6% |
- Kumba Iron Ore production increased by 37% to 13 million tonnes following implementation of the production recovery plan at Sishen and record output at Kolomela. Waste removal at Sishen continues to be the operational focus
- Export metallurgical coal production increased by 4% to 5.1 million tonnes. Moranbah recovered from the geotechnical issues reported in Q2 2014
- Export thermal coal production decreased by 4% to 9.0 million tonnes owing to adverse weather conditions in Colombia, partly offset by operational improvements in South Africa
- Copper production decreased by 15% to 176,900 tonnes, with expected grade declines at Los Bronces and Collahuasi being partially offset by improved throughput at Los Bronces
- Nickel production increased by 13% to 10,700 tonnes driven by continued improved operational stability at Barro Alto prior to the planned rebuild of the two furnaces, with the first commencing at the beginning of October
- Platinum ramp up at strike-affected mines (Rustenburg, Amandelbult and Union mines) was completed, with normal production resumed by September. Platinum equivalent refined production decreased by 14% to 532,800 ounces as a result of the post-strike ramp-up and planned lower production at both Rustenburg and Union following the 2013 restructuring
- Diamond production increased by 6% to 8.2 million carats, with higher production at Debswana due to a strong performance at Jwaneng. This was partially offset by lower production at operations in South Africa and Canada
(1) Copper production from the Copper business unit
(2) Nickel production from the Nickel business unit
(3) Equivalent refined is the mines’ production and purchases of metal in concentrate, secondary metals and other metals converted to equivalent refined production using Anglo American Platinum Limited’s standard smelting and refining recoveries
(4) De Beers production on 100% basis
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