ANGLO AMERICAN PLC NEWS RELEASE
25 October 2016
Anglo American plc
Production Report for the third quarter ended 30 September 2016
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Overview
Q3 2016 | Q3 2015 | % vs. Q3 2015 | YTD 2016 | YTD 2015 | % vs. YTD 2015 | |
Diamonds (Mct) | 6.3 | 6.0 | 4% | 19.6 | 21.6 | (9)% |
Platinum (produced ounces) (koz) | 619 | 614 | 1% | 1,772 | 1,739 | 2% |
Copper retained operations (t) | 139,800 | 153,100 | (9)% | 430,500 | 456,600 | (6)% |
Nickel (t) | 11,300 | 6,800 | 66% | 33,600 | 19,800 | 70% |
Iron ore - Kumba (Mt) | 11.8 | 11.4 | 3% | 29.5 | 33.9 | (13)% |
Iron ore - Minas-Rio (Mt) | 4.5 | 2.9 | 53% | 11.3 | 5.9 | 91% |
Export metallurgical coal (Mt) | 5.5 | 5.5 | 1% | 15.5 | 15.7 | (1)% |
Export thermal coal (Mt) | 8.8 | 8.8 | 0% | 24.5 | 26.1 | (6)% |
· Diamond production increased by 4% to 6.3million caratscompared with Q3 2015 when production was reduced in response to the prevailing trading conditions.
· Platinum production (expressed as metal in concentrate)(2) was broadly unchanged, increasing by1% to 619,000 ounces. Refined platinum productionincreased by 14% to 694,700 ounces, following recovery at the Precious Metals Refinery.· Copper production from the retained operations decreased by 9% to 139,800 tonnes. Expected lower gradesat Los Bronces and the impact of strikes at Los Bronces and El Soldado, were partly offset by strong plant performance and higher gradesat Collahuasi.
· Nickel production increased by 66% to 11,300 tonnes following the successful completion of the Barro Alto furnace rebuilds in 2015.
· Iron ore production from Kumba increased by 3% (33% vs. Q2 2016) to 11.8 million tonnes due to productivity improvements at Sishen following its restructuring.
· Iron ore production from Minas-Rio increased by53% to 4.5 million tonnes(wetbasis) as the operation continues to ramp-up.
· Export metallurgical coal production was broadly unchanged, increasing by 1% to 5.5 million tonnes due to the ramp-up at Grosvenor and a longwall move at Moranbah in Q3 2015, offsetting geological issues at Grasstree and the sale of Foxleigh, which completed on 30 August 2016.
· Export thermal coal production remained flat at 8.8 million tonnes. An increase in production at Cerrejón was offset bya ramp-down at Drayton where mining activities will cease in Q4 2016.
(1) DeBeers production on 100% basis except the Gahcho Kué joint venture which is on an attributable 51% basis; (2) Reflects own mine production and purchases of metal in concentrate. (3) Copper production from the Copper business unit; (4) Copper production shown on a contained metal basis; (5) 2015 Copper production normalised for the sale of AngloAmerican Norte; (6) Nickel production from the Nickel business unit;(7) Wet basis;(8) Export thermal coal includes production from Australia, South Africa and Colombia; (9) Copper equivalent production is normalised for the sale of Anglo American Norte and the Kimberley mine, and to reflect Snap Lake being placed on care and maintenance..
DE BEERS
Diamonds | Q3 2016 | Q3 2015 | Q3 2016 vs. Q3 2015 | Q2 2016 | Q3 2016 vs. Q2 2016 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 | |
Debswana | 000 carats | 4,549 | 4,074 | 12% | 5,184 | (12)% | 15,061 | 15,619 | (4)% |
Namdeb Holdings | 000 carats | 405 | 466 | (13)% | 296 | 37% | 1,145 | 1,359 | (16)% |
DBCM | 000 carats | 1,094 | 1,036 | 6% | 821 | 33% | 2,847 | 3,214 | (11)% |
De Beers Canada | 000 carats | 225 | 436 | (48)% | 147 | 53% | 534 | 1,448 | (63)% |
Total carats recovered | 000 carats | 6,273 | 6,012 | 4% | 6,448 | (3)% | 19,587 | 21,640 | (9)% |
De Beers production is on a 100% basis, except for the Gahcho Kuéjoint venture which is on an attributable 51% basis.
De Beers -Diamond production increased by 4% to 6.3million carats compared with Q3 2015 when production was reduced in response to the prevailing trading conditions.At Debswana (Botswana), production increasedby12% to4.5 million carats with production at Jwaneng increasing by 47% as a result of planned maintenance in Q3 2015 being prioritised in light of trading conditions. This was partly offset bya planned 22% decrease at Orapa to align aggregate production to trading conditions.
Production at DBCM (South Africa) increased by6% to 1.1 million carats largely as a result of processing higher grades at Venetia and increased throughput at Voorspoed. This was partly offset by theearly completion of the sale of Kimberley Mines in January 2016.
Production at Namdeb Holdings (Namibia) decreased by13% to 0.4 million carats with lower grades at Namdeb Land, and the Debmar Pacific vessel being in port for planned maintenance in Q3 2016 at Debmarine Namibia.
Production in Canadadecreased by48% to 0.2 million carats due to Snap Lake being placed on care and maintenance in December 2015. This was partially offset by first production at Gahcho Kué. Gahcho Kué was officially opened on 20 September 2016 and ramp-up is progressing well.Consolidated rough diamond sales in Q3 2016 increased by 77% to 5.3 million carats. This increase reflectedimproved trading conditions from those experienced in Q3 2015, when higher pipeline stock impacted midstream demand.Full Year Guidance
Full year production guidance remains unchanged at 26-28 million carats, subject to trading conditions.PLATINUM
Platinum | Q3 2016 | Q3 2015 | Q3 2016 vs. Q3 2015 | Q2 2016 | Q3 2016 vs. Q2 2016 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 | |
Produced ounces | |||||||||
Platinum | 000 oz | 619 | 614 | 1% | 586 | 6% | 1,772 | 1,739 | 2% |
Refined | |||||||||
Platinum | 000 oz | 695 | 611 | 14% | 748 | (7)% | 1,703 | 1,714 | (1)% |
Palladium | 000 oz | 413 | 391 | 6% | 472 | (13)% | 1,067 | 1,127 | (5)% |
Rhodium | 000 oz | 87 | 78 | 12% | 91 | (4)% | 225 | 220 | 3% |
Copper - Refined | t | 3,800 | 4,200 | (10)% | 3,700 | 3% | 10,800 | 12,100 | (11)% |
Copper - Matte | t | 0 | 0 | 0% | 0 | 0% | 0 | 300 | (100)% |
Nickel - Refined | t | 7,100 | 6,400 | 11% | 6,400 | 11% | 19,200 | 18,100 | 6% |
Nickel - Matte | t | 0 | 0 | 0% | 0 | 0% | 0 | 400 | (100)% |
Gold | 000 oz | 24 | 23 | 5% | 22 | 8% | 74 | 84 | (11)% |
(2) Copperand nickel refined through third parties is shown as production of copper matte and nickel matte.
Platinum - Production (metal in concentrate) was broadly unchanged, increasing by 1% to 619,100 ounces.Mogalakwena production increased by12% to100,700 ounces.This was driven by a 19% increase in tonnes milleddue to increased plant efficiencies and throughput, though Q3 2015 was impacted by community disruption. The increase is partially offset by a return to normalised grades of 2.92g/t, with normalised grades ranging between 2.8g/t to 3.0g/t.
Amandelbult production was broadly unchanged, increasing by 1% to 128,300 ounces.
Unki production increased by 16% to 18,200 ounces. Improved underground mining efficiencies resulted in a 5% increase in tonnes milled, complemented by a 9% increase in grade.
Independently managed production (mined and purchased, but excluding third party purchase of concentrate) was broadly unchanged, decreasing by 1% to 207,100 ounces, driven primarily by Bokoni due to the closure of two shafts in Q4 2015. This was offset by strong performance at Modikwa, Kroondal and BRPM.
Production from Rustenburg operations including the Western Limb Tailings Retreatment decreased by 3% to 120,900 ounces. Production was impacted by two fatalities in Q3 2016.
Following the restructuring at Union, the mine continued to perform in line with its optimised mine plan, maintaining production at 37,700 ounces, despite a reduction in labour.
Refined platinum production increased by 14% to 694,600 ounces as a result of processing additional matte material that had built-up after a Section 54 safety stoppage in Q1 2016 at the Precious Metals Refinery.
As announced by Anglo American Platinum on 13 September 2016, following the run-out Platinum's Waterval Smelter on 10 September 2016, the furnace rebuild has been brought forward from the planned date in 2018, and will proceed in Q4 2016. This has impacted Q3 2016 refined production by c.6,000 ounces and is now estimated to impact full year refined production by c.75,000 (previously 70,000-100,000) ounces. The furnace rebuild will result in a build-up of concentrate ahead of being smelted, however this will be processed in full by the end of 2017. Mining and concentrating activities are unaffected, therefore there is no change to the full year production guidance.
Full Year Guidance
Full year production guidance (metal in concentrate) remains unchanged at between 2.3-2.4 million ounces.
COPPER
Copper | Q3 2016 | Q3 2015 | Q3 2016 vs. Q3 2015 | Q2 2016 | Q3 2016 vs. Q2 2016 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 | |
Collahuasi (44% share) | t | 57,000 | 43,500 | 31% | 56,200 | 1% | 164,300 | 138,800 | 18% |
Los Bronces mine | t | 72,100 | 98,600 | (27)% | 75,600 | (5)% | 232,900 | 290,700 | (20)% |
Copper retained operations | t | 139,800 | 153,100 | (9)% | 144,200 | (3)% | 430,500 | 456,600 | (6)% |
Total attributable copper production | t | 139,800 | 171,100 | (18)% | 144,200 | (3)% | 430,500 | 527,400 | (18)% |
(1) Copper production shown on a contained metal basis
(2) Anglo American Norteexcluded for all periods
Copper - Copper production from the retained operations (excluding AA Norte assets sold effective1September 2015) decreased by 9% to 139,800 tonnes and by 3% compared to Q2 2016.
Production from Los Bronces decreased by 27% to 72,100 tonnes due to expected lower grades (0.65% vs 0.87%) mainly as a consequence of lower mine development in higher grade areas in H1 following severe weather, as previously reported. In addition, operations were disrupted by a seven day strike in September (c.7kt impact on production).
At Collahuasi, attributable production increased by 31% to 57,000 tonnes due to higher grades (1.23% vs. 1.09%) and continued strong plant performance. Significant maintenance to the SAG lines also took place in Q3 2015.
El Soldado production decreased by 3% to 10,700 tonnes due largely to the impact of a 13-day strike that took place in July (c.4kt impact on production).
Full Year Guidance
Full year guidance for 2016 remains at 570,000 - 600,000 tonnes.
NICKEL
Nickel | Q3 2016 | Q3 2015 | Q3 2016 vs. Q3 2015 | Q2 2016 | Q3 2016 vs. Q2 2016 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 | |
Nickel | t | 11,300 | 6,800 | 66% | 11,100 | 2% | 33,600 | 19,800 | 70% |
Full Year Guidance
Full year production guidance remains unchanged at 45,000 - 47,000 tonnes.
NIOBIUM
Niobium | Q3 2016 | Q3 2015 | Q3 2016 vs. Q3 2015 | Q2 2016 | Q3 2016 vs. Q2 2016 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 | |
Niobium | t | 2,100 | 1,800 | 17% | 1,200 | 75% | 4,700 | 4,700 | 0% |
Niobium - Niobium production increased by17% to 2,100 tonnes reflecting the continued ramp-up of the BVFR plant, with record production achieved in July.
The sale of the Niobium and Phosphates businesses completed as at the end of 30 September 2016.
PHOSPHATES
Phosphates | Q3 2016 | Q3 2015 | Q3 2016 vs. Q3 2015 | Q2 2016 | Q3 2016 vs. Q2 2016 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 | ||
Phosphates | ||||||||||
Concentrate | t | 342,400 | 363,100 | (6)% | 358,000 | (4)% | 1,033,400 | 985,700 | 5% | |
Phosphoric acid | t | 80,900 | 75,600 | 7% | 73,600 | 10% | 233,600 | 201,200 | 16% | |
Fertiliser | t | 303,500 | 294,400 | 3% | 285,900 | 6% | 864,300 | 807,400 | 7% | |
Dicalcium phosphate (DCP) | t | 40,900 | 33,700 | 21% | 41,500 | (1)% | 113,900 | 108,600 | 5% | |
The sale of the Niobium and Phosphates businesses completed as at the end of 30 September 2016.
IRON ORE AND MANGANESE
Iron Ore and Manganese | Q3 2016 | Q3 2015 | Q3 2016 vs. Q3 2015 | Q2 2016 | Q3 2016 vs. Q2 2016 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 | |
Iron ore - Kumba | 000 t | 11,760 | 11,391 | 3% | 8,864 | 33% | 29,548 | 33,943 | (13)% |
Iron ore - Minas-Rio(1) | 000 t | 4,452 | 2,919 | 53% | 3,484 | 28% | 11,286 | 5,922 | 91% |
Manganese ore(2) | 000 t | 762 | 923 | (17)% | 791 | (4)% | 2,329 | 2,516 | (7)% |
| Manganese alloys(3) | 000 t | 39 | 44 | (11)% | 30 | 31% | 101 | 170 | (41)% |
(1) Wet basis
(2) Saleable production
(3) Production includes medium carbon ferro-manganese
Kumba Iron Ore - Iron ore production increased by 3% to 11.8 million tonnes.Sishen production increased by 9% (46% against Q2 2016) to 8.3 million tonnes underpinned by higher quality feedstock material and improved plant yields. The restructuring has been completed and the mine successfully transitioned to a 3-shift roster system in September 2016 which is expected to result in further improvements in equipment efficiencies over the medium term. Consistent with the mine's lower cost pit configuration, waste removal decreased to 35 million tonnes compared to 60 million tonnes in Q3 2015. Waste run rates remain in line with the full year guidance.Kolomela production was broadly unchanged at 3.4 million tonnes.
Export sales increased by5% to 10.3 million tonnes reflecting higher production. Total finished product stocks were 3.1 million tonnes, compared with 2.3 million tonnes at 30 June 2016.Full Year Guidance
Full year production guidance for Sishen remains unchanged at ~27 million tonnes and waste volumes of between 135-150 million tonnes. Kolomela is expected to marginally exceed its full year guided production of ~12 million tonnes, with a commensurate increase in waste, which has previously been guided at 46-48 million tonnes.
Iron Ore Brazil - Iron ore production from Minas-Rio increased to 4.5 million tonnes(wet basis) during Q3 2016, a 28% increase compared to Q2 2016, as the operation continues its ramp-up.In July 2016, a provisional licence approval was granted and allowed immediate access to the next tranche of reserves, which brought forward an increase in availability and reduction in variability of run-of-mine material, leading to overall improved operational performance in Q3 2016. The final approval of this licence was obtained in October 2016.
Full Yearguidance
Fullyear production guidance for Iron Ore Brazilremains unchanged at 15-17 million tonnes (wet basis).
Manganese ore - Manganese ore production decreased by 17% from Q3 2015 due to revised production levels in response to market conditions. The mines are now running at the optimised rate following the decision to stop work at the South African Wessels underground mine following a fatality in June 2016.Manganese alloy - Manganese alloy production decreasedby 11% as the South African Manganese operations continue to only operate one of its four furnaces due to market conditions.COAL
Coal | Q3 2016 | Q3 2015 | Q3 2016 vs. Q3 2015 | Q2 2016 | Q3 2016 vs. Q2 2016 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 | |
Australia | |||||||||
Metallurgical - Export | 000 t | 5,507 | 5,476 | 1% | 5,483 | 0% | 15,516 | 15,724 | (1)% |
Thermal - Export | 000 t | 1,113 | 1,366 | (19)% | 1,107 | 1% | 3,286 | 4,126 | (20)% |
Thermal - Domestic | 000 t | 1,682 | 1,801 | (7)% | 1,717 | (2)% | 4,892 | 5,073 | (4)% |
South Africa | |||||||||
Thermal - Export | 000 t | 4,751 | 4,887 | (3)% | 4,656 | 2% | 13,383 | 13,526 | (1)% |
Thermal - Domestic (Eskom) | 000 t | 8,084 | 6,763 | 20% | 6,709 | 20% | 21,185 | 20,488 | 3% |
Thermal - Domestic (Non- Eskom) | 000 t | 1,856 | 1,730 | 7% | 1,824 | 2% | 5,484 | 5,022 | 9% |
Colombia | |||||||||
Thermal - Export | 000 t | 2,928 | 2,527 | 16% | 2,330 | 26% | 7,867 | 8,446 | (7)% |
Australian export thermal coal production decreased by 19% to 1.1 million tonnes as Drayton continues to ramp down to a full cessation of mining activities in Q4 2016.
South Africa - Export thermal coal productiondecreased by 3% to 4.8 million tonnes. This is primarily due to Landau and Zibulo export production being re-directed into the domestic market for value.Eskom related production increased by 20% due to increased demand from Eskom and increased Eskom production at Kleinkopje.
Colombia - Cerrejón's attributable production increased by 16% to 2.9 million tonnes due to improved productivity and favourable weather conditions.Full Year Guidance
Full year production guidance for export metallurgical coal has been reduced to 20.5-21.5 million tonnes (previously 21-22 million tonnes) due to the completion of the Foxleigh sale on 30 August 2016.Full year production guidance for export thermal coal from South Africa and Colombia remains unchanged at 28-30 million tonnes.
EXPLORATION AND EVALUATION
Exploration and Evaluation expenditure for the quarter totaled $51 million, a decrease of 27%.
Exploration expenditure for the quarter totaled $26 million, a decrease of 19%.Evaluation expenditure for the quarter totaled $25 million, a decrease of 34%.
NOTE
This Production Report for the third quarter ended 30 September 2016 is unaudited.
PRODUCTION SUMMARY
The figures below include the entire output of consolidated entities and the Group's attributable share of joint operations, associates and joint ventures where applicable, except for De Beers' joint ventures which are quoted on a 100% basis unless otherwise stated.
De Beers | Q3 2016 | Q2 2016 | Q1 2016 | Q4 2015 | Q3 2015 | Q3 2016 vs. Q2 2016 | Q3 2016 vs. Q3 2015 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 | ||
Carats recovered | ||||||||||||
100% basis (unless otherwise stated) | ||||||||||||
Orapa | 1,536,000 | 2,028,000 | 2,001,000 | 2,516,000 | 1,959,000 | (24)% | (22)% | 5,565,000 | 7,361,000 | (24)% | ||
Letlhakane | 176,000 | 159,000 | 125,000 | 73,000 | 134,000 | 11% | 31% | 460,000 | 433,000 | 6% | ||
Damtshaa | - | - | - | 59,000 | 45,000 | - | (100)% | - | 162,000 | (100)% | ||
Jwaneng | 2,837,000 | 2,997,000 | 3,202,000 | 2,101,000 | 1,936,000 | (5)% | 47% | 9,036,000 | 7,663,000 | 18% | ||
Debswana | 4,549,000 | 5,184,000 | 5,328,000 | 4,749,000 | 4,074,000 | (12)% | 12% | 15,061,000 | 15,619,000 | (4)% | ||
Namdeb | 120,000 | 94,000 | 72,000 | 119,000 | 148,000 | 28% | (19)% | 286,000 | 375,000 | (24)% | ||
Debmarine Namibia | 285,000 | 202,000 | 372,000 | 286,000 | 318,000 | 41% | (10)% | 859,000 | 984,000 | (13)% | ||
Namdeb Holdings | 405,000 | 296,000 | 444,000 | 405,000 | 466,000 | 37% | (13)% | 1,145,000 | 1,359,000 | (16)% | ||
Kimberley | - | - | 68,000 | 242,000 | 192,000 | - | (100)% | 68,000 | 595,000 | (89)% | ||
Venetia | 898,000 | 695,000 | 706,000 | 1,033,000 | 712,000 | 29% | 26% | 2,299,000 | 2,099,000 | 10% | ||
Voorspoed | 196,000 | 126,000 | 158,000 | 184,000 | 132,000 | 56% | 48% | 480,000 | 520,000 | (8)% | ||
DBCM | 1,094,000 | 821,000 | 932,000 | 1,459,000 | 1,036,000 | 33% | 6% | 2,847,000 | 3,214,000 | (11)% | ||
Snap Lake | - | - | 3,000 | 280,000 | 283,000 | - | (100)% | 3,000 | 963,000 | (100)% | ||
Victor | 142,000 | 147,000 | 159,000 | 159,000 | 153,000 | (3)% | (7)% | 448,000 | 485,000 | (8)% | ||
Gahcho Kué (51% basis) | 83,000 | - | - | - | - | - | - | 83,000 | - | - | ||
De Beers Canada | 225,000 | 147,000 | 162,000 | 439,000 | 436,000 | 53% | (48)% | 534,000 | 1,448,000 | (63)% | ||
Total carats recovered | 6,273,000 | 6,448,000 | 6,866,000 | 7,052,000 | 6,012,000 | (3)% | 4% | 19,587,000 | 21,640,000 | (9)% | ||
Sales volumes | ||||||||||||
Total sales volume - carats (100%) (Mct) | 5.7 | 10.2 | 8.1 | 3.6 | 3.0 | (44)% | 90% | 24.0 | 17.0 | 41% | ||
Consolidated sales volume - carats (Mct) | 5.3 | 9.6 | 7.6 | 3.6 | 3.0 | (45)% | 77% | 22.6 | 16.3 | 39% | ||
Platinum | Q3 2016 | Q2 2016 | Q1 2016 | Q4 2015 | Q3 2015 | Q3 2016 vs. Q2 2016 | Q3 2016 vs. Q3 2015 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 |
Refined production | ||||||||||
Platinum (troy oz) | 694,600 | 747,600 | 260,800 | 744,900 | 610,900 | (7)% | 14% | 1,703,100 | 1,713,900 | (1)% |
Palladium (troy oz) | 412,900 | 472,300 | 181,600 | 468,400 | 390,700 | (13)% | 6% | 1,066,800 | 1,126,500 | (5)% |
Rhodium (troy oz) | 86,800 | 90,700 | 47,700 | 85,700 | 77,600 | (4)% | 12% | 225,200 | 219,500 | 3% |
Copper refined (tonnes) | 3,800 | 3,700 | 3,300 | 4,700 | 4,200 | 3% | (10)% | 10,800 | 12,100 | (11)% |
Copper matte (tonnes) | - | - | - | - | - | 0% | 0% | - | 300 | (100)% |
Nickel refined (tonnes) | 7,100 | 6,400 | 5,700 | 7,300 | 6,400 | 11% | 11% | 19,200 | 18,100 | 6% |
Nickel matte (tonnes) | - | - | - | - | - | 0% | 0% | - | 400 | (100)% |
Gold (troy oz) | 24,100 | 22,300 | 27,900 | 29,500 | 23,000 | 8% | 5% | 74,300 | 83,500 | (11)% |
Mogalakwena (troy oz) | 100,700 | 98,800 | 109,000 | 98,500 | 89,700 | 2% | 12% | 308,500 | 294,000 | 5% |
Amandelbult (troy oz) | 128,300 | 106,200 | 110,900 | 120,900 | 127,600 | 21% | 1% | 345,400 | 316,600 | 9% |
Unki (troy oz) | 18,200 | 17,800 | 18,600 | 18,600 | 15,700 | 2% | 16% | 54,600 | 47,900 | 14% |
Independently managed (troy oz) | 207,100 | 203,200 | 185,100 | 199,100 | 209,000 | 2% | (1)% | 595,400 | 569,300 | 5% |
Rustenburg (troy oz) | 120,900 | 112,300 | 106,400 | 117,800 | 124,000 | 8% | (3)% | 339,500 | 367,600 | (8)% |
Union (troy oz) | 37,700 | 41,200 | 34,300 | 38,000 | 37,700 | (8)% | 0% | 113,200 | 103,200 | 10% |
Other (troy oz) | 6,200 | 6,200 | 2,700 | 5,100 | 10,500 | 0% | (41)% | 15,100 | 40,700 | (63)% |
Produced ounces Platinum (troy oz) | 619,100 | 585,700 | 567,000 | 598,000 | 614,300 | 6% | 1% | 1,771,700 | 1,739,300 | 2% |
4E built-up head grade (g/tonne milled) | 3.19 | 3.00 | 3.11 | 3.24 | 3.27 | 6% | (2)% | 3.10 | 3.23 | (4)% |
Platinum sales volumes | 588,000 | 808,400 | 412,800 | 621,800 | 690,100 | (27)% | (15)% | 1,809,200 | 1,849,500 | (2)% |
Copper (tonnes) on a contained metal basis unless stated otherwise | Q3 2016 | Q2 2016 | Q1 2016 | Q4 2015 | Q3 2015 | Q3 2016 vs. Q2 2016 | Q3 2016 vs. Q3 2015 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 |
Collahuasi 100% basis (Anglo American share 44%) | ||||||||||
Ore mined | 17,131,800 | 15,277,400 | 14,858,200 | 22,468,800 | 18,879,300 | 12% | (9)% | 47,267,400 | 57,104,700 | (17)% |
Ore processed - Oxide | - | - | - | - | 1,484,900 | - | (100)% | - | 4,653,900 | (100)% |
Ore processed - Sulphide | 12,522,100 | 12,479,200 | 12,102,800 | 12,801,300 | 9,464,800 | 0% | 32% | 37,104,100 | 30,989,300 | 20% |
Ore grade processed - Oxide (% ASCu) | - | - | - | - | 0.63 | - | - | - | 0.63 | - |
Ore grade processed - Sulphide (% TCu) | 1.23 | 1.21 | 1.15 | 1.25 | 1.09 | 2% | 13% | 1.20 | 1.11 | 8% |
Production - Copper cathode | 800 | 1,400 | 1,900 | 3,100 | 6,000 | (43)% | (87)% | 4,100 | 19,100 | (79)% |
Production - Copper in concentrate | 128,900 | 126,300 | 114,200 | 136,800 | 92,800 | 2% | 39% | 369,400 | 296,300 | 25% |
Total copper production for Collahuasi | 129,700 | 127,700 | 116,100 | 139,900 | 98,800 | 2% | 31% | 373,500 | 315,400 | 18% |
Anglo American's share of copper production for Collahuasi | 57,000 | 56,200 | 51,100 | 61,500 | 43,500 | 1% | 31% | 164,300 | 138,800 | 18% |
Anglo American Sur | ||||||||||
Los Bronces mine | ||||||||||
Ore mined | 13,947,400 | 13,477,900 | 10,487,900 | 13,252,200 | 10,112,600 | 3% | 38% | 37,913,200 | 37,006,300 | 2% |
Marginal ore mined | 6,192,800 | 6,148,500 | 13,402,300 | 11,673,100 | 7,733,600 | 1% | (20)% | 25,743,600 | 27,579,500 | (7)% |
Ore processed - Sulphide | 11,511,700 | 12,567,500 | 12,055,300 | 14,115,200 | 11,584,300 | (8)% | (1)% | 36,134,500 | 31,281,700 | 16% |
Ore grade processed - Sulphide (% TCu) | 0.65 | 0.62 | 0.74 | 0.83 | 0.87 | 5% | (25)% | 0.67 | 0.97 | (31)% |
Production - Copper cathode | 8,800 | 8,900 | 9,700 | 9,700 | 8,500 | (1)% | 4% | 27,400 | 25,300 | 9% |
Production - Copper in concentrate | 63,300 | 66,700 | 75,500 | 101,300 | 90,100 | (5)% | (30)% | 205,500 | 265,400 | (23)% |
Production total | 72,100 | 75,600 | 85,200 | 111,000 | 98,600 | (5)% | (27)% | 232,900 | 290,700 | (20)% |
El Soldado mine | ||||||||||
Ore mined | 1,678,300 | 2,143,000 | 1,448,000 | 1,280,000 | 951,600 | (22)% | 76% | 5,269,300 | 3,928,100 | 34% |
Ore processed - Sulphide | 1,553,200 | 1,741,200 | 1,836,100 | 1,557,500 | 1,441,800 | (11)% | 8% | 5,130,500 | 4,407,900 | 16% |
Ore grade processed - Sulphide (% TCu) | 0.86 | 0.89 | 0.75 | 0.79 | 0.90 | (3)% | (4)% | 0.83 | 0.76 | 9% |
Production - Copper cathode | - | - | - | - | - | - | - | - | 200 | (100)% |
Production - Copper in concentrate | 10,700 | 12,400 | 10,200 | 8,900 | 11,000 | (14)% | (3)% | 33,300 | 26,900 | 23% |
Production total | 10,700 | 12,400 | 10,200 | 8,900 | 11,000 | (14)% | (3)% | 33,300 | 27,100 | 22% |
Chagres Smelter | ||||||||||
Ore smelted | 35,500 | 36,500 | 35,900 | 35,900 | 39,900 | (3)% | (11)% | 107,900 | 113,200 | (5)% |
Production | 34,700 | 35,500 | 35,200 | 34,900 | 38,900 | (2)% | (11)% | 105,400 | 110,200 | (4)% |
Total copper production for Anglo American Sur | 82,800 | 88,000 | 95,400 | 119,900 | 109,600 | (6)% | (24)% | 266,200 | 317,800 | (16)% |
Anglo American Norte | ||||||||||
Mantos Blancos mine | ||||||||||
Ore processed - Sulphide | - | - | - | - | 718,400 | - | (100)% | - | 2,835,500 | (100)% |
Ore grade processed - Sulphide (% TCu) | - | - | - | - | 0.75 | - | - | - | 0.76 | - |
Production - Copper cathode | - | - | - | - | 5,000 | - | (100)% | - | 20,400 | (100)% |
Production - Copper in concentrate | - | - | - | - | 4,500 | - | (100)% | - | 18,100 | (100)% |
Production total | - | - | - | - | 9,500 | - | (100)% | - | 38,500 | (100)% |
Mantoverde mine | ||||||||||
Ore processed - Oxide | - | - | - | - | 1,838,000 | - | (100)% | - | 6,605,300 | (100)% |
Ore processed - Marginal ore | - | - | - | - | 1,658,000 | - | (100)% | - | 5,944,800 | (100)% |
Ore grade processed - Oxide (% ASCu) | - | - | - | - | 0.51 | - | - | - | 0.52 | - |
Ore grade processed - Marginal ore (% ASCu) | - | - | - | - | 0.20 | - | - | - | 0.21 | - |
Production - Copper cathode | - | - | - | - | 8,500 | - | (100)% | - | 32,300 | (100)% |
Total copper production for Anglo American Norte | - | - | - | - | 18,000 | - | (100)% | - | 70,800 | (100)% |
Total Copper segment copper production | 212,500 | 215,700 | 211,500 | 259,800 | 226,400 | (1)% | (6)% | 639,700 | 704,000 | (9)% |
Total Attributable copper production | 139,800 | 144,200 | 146,500 | 181,400 | 171,100 | (3)% | (18)% | 430,500 | 527,400 | (18)% |
Total Attributable payable copper production | 135,000 | 139,200 | 141,600 | 175,300 | 165,800 | (3)% | (19)% | 415,800 | 511,600 | (19)% |
Total Attributable sales volumes | 135,400 | 143,500 | 137,500 | 183,000 | 178,400 | (6)% | (24)% | 416,400 | 522,600 | (20)% |
Total Attributable payable sales volumes | 130,700 | 138,500 | 133,000 | 176,700 | 172,900 | (6)% | (24)% | 402,200 | 506,800 | (21)% |
Third party sales | 26,000 | 6,700 | 9,200 | 41,400 | - | 288% | 100% | 41,900 | - | 100% |
Nickel (tonnes) unless stated otherwise | Q3 2016 | Q2 2016 | Q1 2016 | Q4 2015 | Q3 2015 | Q3 2016 vs. Q2 2016 | Q3 2016 vs. Q3 2015 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 |
Barro Alto | ||||||||||
Ore mined | 974,100 | 835,300 | 457,000 | 453,200 | 1,351,700 | 17% | (28)% | 2,266,400 | 2,490,400 | (9)% |
Ore processed | 610,000 | 569,200 | 598,100 | 566,400 | 330,700 | 7% | 84% | 1,777,300 | 906,400 | 96% |
Ore grade processed - % Ni | 1.76 | 1.76 | 1.77 | 1.77 | 1.79 | 0% | (1)% | 1.76 | 1.79 | (2)% |
Production | 9,000 | 8,800 | 8,900 | 8,100 | 4,700 | 2% | 91% | 26,700 | 13,100 | 104% |
Codemin | ||||||||||
Ore mined | - | 7,600 | - | - | - | n.m. | n.m | 7,600 | 8,600 | (12)% |
Ore processed | 144,000 | 151,300 | 151,400 | 154,000 | 140,000 | (5)% | 3% | 446,700 | 437,100 | 2% |
Ore grade processed - % Ni | 1.72 | 1.72 | 1.68 | 1.69 | 1.70 | 0% | 1% | 1.70 | 1.69 | 1% |
Production | 2,300 | 2,300 | 2,300 | 2,400 | 2,100 | 0% | 10% | 6,900 | 6,700 | 3% |
Total Nickel segment nickel production | 11,300 | 11,100 | 11,200 | 10,500 | 6,800 | 2% | 66% | 33,600 | 19,800 | 70% |
Sales volumes | 11,600 | 11,100 | 10,800 | 9,500 | 6,400 | 5% | 81% | 33,500 | 22,500 | 49% |
Niobium (tonnes) unless stated otherwise | Q3 2016 | Q2 2016 | Q1 2016 | Q4 2015 | Q3 2015 | Q3 2016 vs. Q2 2016 | Q3 2016 vs. Q3 2015 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 |
Niobium | ||||||||||
Ore mined | 877,800 | 661,000 | 690,300 | 637,700 | 597,300 | 33% | 47% | 2,229,100 | 1,494,000 | 49% |
Ore processed | 594,700 | 601,100 | 484,800 | 580,700 | 578,400 | (1)% | 3% | 1,680,600 | 1,650,600 | 2% |
Ore grade processed - %Nb | 1.06 | 0.95 | 0.91 | 1.00 | 0.93 | 12% | 14% | 0.98 | 0.94 | 4% |
Production | 2,100 | 1,200 | 1,400 | 1,600 | 1,800 | 75% | 17% | 4,700 | 4,700 | 0% |
Sales volumes | 1,600 | 1,900 | 1,100 | 800 | 1,400 | (16)% | 14% | 4,600 | 4,300 | 7% |
Phosphates (tonnes) unless stated otherwise | Q3 2016 | Q2 2016 | Q1 2016 | Q4 2015 | Q3 2015 | Q3 2016 vs. Q2 2016 | Q3 2016 vs. Q3 2015 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 |
Phosphates | ||||||||||
Concentrate | 342,400 | 358,000 | 333,100 | 355,700 | 363,100 | (4)% | (6)% | 1,033,400 | 985,700 | 5% |
Concentrate grade - %PO | 37.1 | 37.1 | 36.6 | 36.7 | 36.8 | 0% | 1% | 36.9 | 36.8 | 0% |
Phosphoric acid | 80,900 | 73,600 | 79,100 | 63,900 | 75,600 | 10% | 7% | 233,600 | 201,200 | 16% |
Fertiliser | 303,500 | 285,900 | 274,900 | 303,400 | 294,400 | 6% | 3% | 864,300 | 807,400 | 7% |
High analysis fertiliser | 56,200 | 53,600 | 47,800 | 36,700 | 42,400 | 5% | 33% | 157,600 | 136,000 | 16% |
Low analysis fertiliser | 247,300 | 232,300 | 227,100 | 266,700 | 252,000 | 6% | (2)% | 706,700 | 671,300 | 5% |
Dicalcium phosphate (DCP) | 40,900 | 41,500 | 31,500 | 38,700 | 33,700 | (1)% | 21% | 113,900 | 108,600 | 5% |
Fertiliser sales volumes | 363,100 | 362,300 | 247,300 | 194,400 | 339,600 | 0% | 7% | 972,700 | 865,600 | 12% |
Iron Ore and Manganese (tonnes) | Q3 2016 | Q2 2016 | Q1 2016 | Q4 2015 | Q3 2015 | Q3 2016 vs. Q2 2016 | Q3 2016 vs. Q3 2015 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 |
Kumba Iron Ore | ||||||||||
Lump | 7,598,500 | 5,721,300 | 5,669,700 | 7,029,100 | 7,322,300 | 33% | 4% | 18,989,600 | 21,974,100 | (14)% |
Fines | 4,161,400 | 3,142,300 | 3,254,800 | 3,906,100 | 4,068,600 | 32% | 2% | 10,558,500 | 11,968,900 | (12)% |
Total Kumba production | 11,759,900 | 8,863,600 | 8,924,500 | 10,935,200 | 11,390,900 | 33% | 3% | 29,548,100 | 33,943,000 | (13)% |
Sishen | 8,348,700 | 5,699,600 | 5,841,800 | 7,661,300 | 7,669,800 | 46% | 9% | 19,890,100 | 23,731,600 | (16)% |
Kolomela | 3,411,200 | 3,164,000 | 2,713,100 | 2,853,800 | 3,347,800 | 8% | 2% | 9,288,300 | 9,200,600 | 1% |
Thabazimbi | - | - | 369,600 | 420,100 | 373,300 | 0% | (100)% | 369,600 | 1,010,800 | (63)% |
Total Kumba production | 11,759,900 | 8,863,600 | 8,924,500 | 10,935,200 | 11,390,900 | 33% | 3% | 29,548,000 | 33,943,000 | (13)% |
Kumba sales volumes | ||||||||||
RSA export iron ore | 10,343,200 | 8,729,700 | 9,376,100 | 10,509,300 | 9,846,500 | 18% | 5% | 28,449,000 | 33,050,700 | (14)% |
RSA domestic iron ore | 706,900 | 936,000 | 1,167,700 | 533,500 | 960,700 | (24)% | (26)% | 2,809,600 | 3,743,300 | (25)% |
Minas-Rio production | ||||||||||
Pellet feed (wet basis) | 4,452,400 | 3,483,800 | 3,349,400 | 3,252,500 | 2,918,800 | 28% | 53% | 11,285,600 | 5,921,700 | 91% |
Minas-Rio sales volumes | ||||||||||
Export - pellet feed (wet basis) | 4,510,400 | 3,223,900 | 3,714,400 | 3,035,000 | 2,793,900 | 40% | 61% | 11,448,700 | 5,432,600 | 111% |
Samancor | ||||||||||
Manganese ore | 761,700 | 791,300 | 775,900 | 596,000 | 923,200 | (4)% | (17)% | 2,328,900 | 2,515,600 | (7)% |
Manganese alloys | 38,900 | 29,700 | 32,100 | 43,500 | 43,700 | 31% | (11)% | 100,700 | 170,100 | (41)% |
Samancor sales volumes | ||||||||||
Manganese ore | 761,800 | 833,500 | 870,900 | 720,200 | 813,900 | (9)% | (6)% | 2,466,200 | 2,364,500 | 4% |
Manganese alloys | 49,200 | 46,400 | 42,800 | 42,000 | 42,400 | 6% | 16% | 138,400 | 178,800 | (23)% |
Coal (tonnes) | Q3 2016 | Q2 2016 | Q1 2016 | Q4 2015 | Q3 2015 | Q3 2016 vs. Q2 2016 | Q3 2016 vs. Q3 2015 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 |
Australia | ||||||||||
Metallurgical - Export Coking | 4,326,600 | 3,997,500 | 3,378,900 | 4,302,100 | 4,115,000 | 8% | 5% | 11,703,000 | 11,605,700 | 1% |
Metallurgical - Export PCI | 1,180,000 | 1,485,800 | 1,147,200 | 1,182,200 | 1,360,500 | (21)% | (13)% | 3,813,000 | 4,118,000 | (7)% |
5,506,600 | 5,483,300 | 4,526,100 | 5,484,300 | 5,475,500 | 0% | 1% | 15,516,000 | 15,723,800 | (1)% | |
Thermal - Export | 1,112,700 | 1,107,000 | 1,065,900 | 1,154,300 | 1,366,400 | 1% | (19)% | 3,285,600 | 4,126,200 | (20)% |
Thermal - Domestic | 1,682,000 | 1,716,700 | 1,492,900 | 1,978,800 | 1,800,500 | (2)% | (7)% | 4,891,600 | 5,072,800 | (4)% |
2,794,700 | 2,823,700 | 2,558,800 | 3,133,100 | 3,166,900 | (1)% | (12)% | 8,177,200 | 9,199,000 | (11)% | |
South Africa | ||||||||||
Thermal - Export | 4,750,900 | 4,655,800 | 3,976,000 | 3,878,000 | 4,887,200 | 2% | (3)% | 13,382,700 | 13,525,600 | (1)% |
Thermal - Domestic (Eskom) | 8,083,900 | 6,708,700 | 6,392,000 | 5,533,500 | 6,763,000 | 20% | 20% | 21,184,600 | 20,487,700 | 3% |
Thermal - Domestic (Non-Eskom) | 1,855,900 | 1,824,300 | 1,803,800 | 1,821,500 | 1,730,400 | 2% | 7% | 5,484,000 | 5,022,400 | 9% |
14,690,700 | 13,188,800 | 12,171,800 | 11,233,000 | 13,380,600 | 11% | 10% | 40,051,300 | 39,035,700 | 3% | |
Colombia | ||||||||||
Thermal - Export | 2,927,800 | 2,329,500 | 2,610,000 | 2,628,100 | 2,526,800 | 26% | 16% | 7,867,300 | 8,446,200 | (7)% |
Total Metallurgical coal production | 5,506,600 | 5,483,300 | 4,526,100 | 5,484,300 | 5,475,500 | 0% | 1% | 15,516,000 | 15,723,800 | (1)% |
Total Export Thermal coal production | 8,791,400 | 8,092,300 | 7,651,900 | 7,660,400 | 8,780,400 | 9% | 0% | 24,535,600 | 26,098,000 | (6)% |
Total Domestic Thermal coal production | 11,621,800 | 10,249,700 | 9,688,700 | 9,333,800 | 10,293,900 | 13% | 13% | 31,560,200 | 30,582,900 | 3% |
Total Coal production | 25,919,800 | 23,825,300 | 21,866,700 | 22,478,500 | 24,549,800 | 9% | 6% | 71,611,800 | 72,404,700 | (1)% |
Sales volumes (own mined) | ||||||||||
Australia | ||||||||||
| Metallurgical - Export | 5,512,700 | 5,403,200 | 4,815,800 | 5,396,000 | 5,480,900 | 2% | 1% | 15,731,700 | 15,697,400 | 0% |
Thermal - Export | 1,123,100 | 1,151,900 | 1,173,000 | 1,341,700 | 1,638,600 | (3)% | (31)% | 3,448,000 | 4,562,500 | (24)% |
Thermal - Domestic | 1,604,000 | 1,653,400 | 1,506,800 | 1,915,800 | 1,871,900 | (3)% | (14)% | 4,764,200 | 5,133,400 | (7)% |
South Africa | ||||||||||
Thermal - Export | 4,159,300 | 4,744,000 | 4,343,200 | 5,188,700 | 4,568,600 | (12)% | (9)% | 13,246,500 | 14,731,100 | (10)% |
Thermal - Domestic | 9,522,400 | 8,187,200 | 7,828,600 | 6,763,300 | 7,977,800 | 16% | 19% | 25,538,200 | 24,928,300 | 2% |
Colombia | ||||||||||
Thermal - Export | 2,905,100 | 2,843,800 | 2,339,000 | 2,565,100 | 2,853,400 | 2% | 2% | 8,087,900 | 8,624,200 | (6)% |
Coal by mine (tonnes) | Q3 2016 | Q2 2016 | Q1 2016 | Q4 2015 | Q3 2015 | Q3 2016 vs. Q2 2016 | Q3 2016 vs. Q3 2015 | YTD 2016 | YTD 2015 | YTD 2016 vs. YTD 2015 |
Australia | ||||||||||
Callide | 1,938,900 | 1,805,300 | 1,748,200 | 2,295,200 | 1,988,900 | 7% | (3)% | 5,492,400 | 5,635,200 | (3)% |
Capcoal (incl. Grasstree) | 1,637,300 | 2,205,400 | 1,760,000 | 2,283,800 | 2,353,300 | (26)% | (30)% | 5,602,700 | 6,405,900 | (13)% |
Dawson | 1,185,900 | 1,143,800 | 1,006,000 | 1,025,800 | 1,249,400 | 4% | (5)% | 3,335,700 | 3,288,700 | 1% |
Drayton | 317,100 | 418,200 | 349,900 | 351,300 | 600,400 | (24)% | (47)% | 1,085,200 | 1,770,700 | (39)% |
Foxleigh | 438,900 | 566,000 | 434,500 | 376,300 | 494,800 | (22)% | (11)% | 1,439,400 | 1,484,300 | (3)% |
Grosvenor | 685,700 | 331,200 | 203,000 | 179,100 | 147,300 | 107% | 366% | 1,219,900 | 320,700 | 280% |
Jellinbah | 820,200 | 821,600 | 758,400 | 872,700 | 798,400 | 0% | 3% | 2,400,200 | 2,328,700 | 3% |
Moranbah North | 1,277,300 | 1,015,500 | 824,900 | 1,233,200 | 1,009,900 | 26% | 26% | 3,117,700 | 3,688,600 | (15)% |
8,301,300 | 8,307,000 | 7,084,900 | 8,617,400 | 8,642,400 | 0% | (4)% | 23,693,200 | 24,922,800 | (5)% | |
South Africa | ||||||||||
Goedehoop | 1,286,500 | 1,266,600 | 1,001,300 | 896,000 | 1,151,200 | 2% | 12% | 3,554,400 | 3,391,100 | 5% |
Greenside | 1,111,400 | 990,700 | 806,300 | 897,200 | 1,059,600 | 12% | 5% | 2,908,400 | 2,979,400 | (2)% |
Zibulo | 1,571,800 | 1,638,600 | 1,390,000 | 1,306,400 | 1,592,500 | (4)% | (1)% | 4,600,400 | 4,258,500 | 8% |
Kleinkopje | 1,166,800 | 757,100 | 966,400 | 824,900 | 895,200 | 54% | 30% | 2,890,300 | 2,327,500 | 24% |
Landau | 970,300 | 1,091,900 | 1,003,200 | 1,079,200 | 1,144,600 | (11)% | (15)% | 3,065,400 | 3,189,500 | (4)% |
Mafube | 506,000 | 438,500 | 379,100 | 366,500 | 370,100 | 15% | 37% | 1,323,600 | 1,076,000 | 23% |
New Vaal | 4,350,500 | 4,027,700 | 3,521,800 | 2,811,500 | 3,576,700 | 8% | 22% | 11,900,000 | 11,336,600 | 5% |
New Denmark | 777,300 | 392,600 | 604,300 | 643,000 | 881,600 | 98% | (12)% | 1,774,200 | 2,195,300 | (19)% |
Kriel | 1,834,000 | 1,503,300 | 1,339,800 | 1,185,900 | 1,613,000 | 22% | 14% | 4,677,100 | 4,972,300 | (6)% |
Isibonelo | 1,116,100 | 1,081,800 | 1,159,600 | 1,222,400 | 1,096,100 | 3% | 2% | 3,357,500 | 3,309,500 | 1% |
14,690,700 | 13,188,800 | 12,171,800 | 11,233,000 | 13,380,600 | 11% | 10% | 40,051,300 | 39,035,700 | 3% | |
Colombia | ||||||||||
Carbones del Cerrejón | 2,927,800 | 2,329,500 | 2,610,000 | 2,628,100 | 2,526,800 | 26% | 16% | 7,867,300 | 8,446,200 | (7)% |
Total Coal production | 25,919,800 | 23,825,300 | 21,866,700 | 22,478,500 | 24,549,800 | 9% | 6% | 71,611,800 | 72,404,700 | (1)% |
(1) Number of Sights (sales cycles) in each quarter as follows: Q3 2016: 2; Q2 2016: 3; Q1 2016: 2; Q4 2015: 3; Q3 2015: 2; Q2 2015; 2; Q1 2015: 3
(2) Copper and nickel refined through third parties is shown as production of copper matte and nickel matte
(3) Includes third party purchases and Twickenham
(4) 4E: the grade measured as the combined content of the four most valuable precious metals: platinum, palladium, rhodium and gold
(5) Excludes Anglo American Platinum's copper production
(6) ASCu = acid soluble copper
(7) TCu = total copper
(8) Anglo American's share of Collahuasi production is 44%
(9) Anglo American ownership interest of Anglo American Sur is 50.1%. Production is stated at 100% as Anglo American consolidates Anglo American Sur
(10) Difference between total copper production and attributable copper production arises from Anglo American's 44% interest in Collahuasi
(11) Relates to sales of copper not produced by Anglo American operations
(12) Excludes Anglo American Platinum's nickel production
(13) Saleable production
(14) Production includes medium carbon ferro-manganese
(15) Includes both hard coking coal and PCI sales volumes
Anglo American plc published this content on 25 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 October 2016 06:12:09 UTC.
Original documenthttp://otp.investis.com/clients/uk/anglo_american2/rns/regulatory-story.aspx?cid=49&newsid=811965
Public permalinkhttp://www.publicnow.com/view/66A14DDADC5A7A501068483A66266E3D06C81C13
