Anglo American’s Q3 production inches 2% higher
Global miner Anglo American said on Thursday its overall production rose by 2% in the third quarter, driven by diamonds and iron ore, while copper output fell by 6%.
In the three months to September, rough diamond production rose by 28% from a year earlier as consumer demand recovered in major markets including the United States and China.
Iron ore production rose by 15% on increased output from Brazil’s Minas-Rio and South Africa’s Kumba mine.
Planned maintenance work at its Collahuasi mine affected copper production in Chile in the third quarter. Year-to-date copper production is up 1%, Anglo said in a release.
(By Clara Denina; Editing by Jason Neely)
More News
First Quantum pulls back from arbitration on Panama copper mine
Signals potential for more negotiations with the nation over the Cobre Panama mine that’s been shuttered for more than a year.
March 31, 2025 | 04:30 pm
Freeport-McMoRan lowers first-quarter gold sales forecast
The company said it expects first-quarter gold sales to be roughly 100,000 ounces below its prior forecast of 225,000 ounces.
March 31, 2025 | 03:41 pm
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments