TIDMAAL
RNS Number : 3364N
Anglo American PLC
25 October 2016
NEWS RELEASE
25 October 2016
Anglo American plc
Production Report for the third quarter ended 30 September
2016
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Overview
Q3 Q3 % vs. YTD YTD % vs.
2016 2015 Q3 2015 2016 2015 YTD
2015
-------------------------- -------- -------- --------- -------- -------- ------
Diamonds (Mct)(1) 6.3 6.0 4% 19.6 21.6 (9)%
-------------------------- -------- -------- --------- -------- -------- ------
Platinum (produced
ounces) (koz)(2) 619 614 1% 1,772 1,739 2%
-------------------------- -------- -------- --------- -------- -------- ------
Copper retained
operations (t)(3)(4)(5) 139,800 153,100 (9)% 430,500 456,600 (6)%
-------------------------- -------- -------- --------- -------- -------- ------
Nickel (t)(6) 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)(7) 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 8.8 0% 24.5 26.1 (6)%
-------------------------- -------- -------- --------- -------- -------- ------
Mark Cutifani, Anglo American Chief Executive, said "Operational
improvements continue across the portfolio, delivering a 4%
production increase on a copper equivalent basis(9) in the third
quarter, and a 12% increase compared to Q2 2016. The latter
increase is largely due to the strong recovery at Kumba's Sishen
mine, a 46% production increase, following the successful
completion of its restructuring. In our diamond and platinum
businesses we continue to maintain discipline on volumes by mining
to demand, whilst the ramp-ups at Minas-Rio and Grosvenor are
progressing well, and Barro Alto has now reached nameplate
capacity. The modestly higher production at De Beers is reflective
of improved market conditions relative to Q3 2015, but we maintain
a cautious outlook."
-- Diamond production increased by 4% to 6.3 million carats
compared 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 by 1% to 619,000 ounces. Refined
platinum production increased 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 grades at Los Bronces and the
impact of strikes at Los Bronces and El Soldado, were partly offset
by strong plant performance and higher grades at 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 by 53% to 4.5
million tonnes (wet basis) 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 by a
ramp-down at Drayton where mining activities will cease in Q4
2016.
(1) De Beers 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 Anglo American 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(1) Q3 Q3 Q3 2016 Q2 Q3 2016 YTD YTD YTD 2016 vs.
2016 2015 vs. 2016 vs. 2016 2015 YTD 2015
Q3 2015 Q2 2016
-------------------------------------- ----- ----- -------- ----- -------- ------- ------- -------------
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)%
------------------------ ------------ ----- ----- -------- ----- -------- ------- ------- -------------
(1) De Beers production is on a 100% basis, except for the
Gahcho Kué joint venture which is on an attributable 51% basis.
De Beers -Diamond production increased by 4% to 6.3 million
carats compared with Q3 2015 when production was reduced in
response to the prevailing trading conditions.
At Debswana (Botswana), production increased by 12% to 4.5
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 by a planned 22%
decrease at Orapa to align aggregate production to trading
conditions.
Production at DBCM (South Africa) increased by 6% 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
the early completion of the sale of Kimberley Mines in January
2016.
Production at Namdeb Holdings (Namibia) decreased by 13% 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 Canada decreased by 48% 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 reflected improved 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 Q3 Q3 2016 Q2 Q3 2016 YTD YTD YTD 2016 vs.
2016 2015 vs. 2016 vs. 2016 2015 YTD 2015
Q3 2015 Q2 2016
Produced ounces(1)
------------------- ------- ----- ----- -------- ----- -------- ------ ------ ------------
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(2) 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(2) t 0 0 0% 0 0% 0 400 (100)%
Gold 000 oz 24 23 5% 22 8% 74 84 (11)%
------------------- ------- ----- ----- -------- ----- -------- ------ ------ ------------
(1) Reflects own mine production and purchases of metal in
concentrate.
(2) Copper and 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 by 12% to 100,700 ounces. This
was driven by a 19% increase in tonnes milled due 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(1) Q3 Q3 Q3 Q2 Q3 YTD YTD YTD
2016 2015 2016 2016 2016 2016 2015 2016
vs. vs. vs.
Q3 Q2 YTD
2015 2016 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(2) 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 Norte excluded for all periods
Copper - Copper production from the retained operations
(excluding AA Norte assets sold effective
1 September 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
Q3 Q3 2016 YTD
2016 vs. 2016
vs. vs.
Nickel Q3 Q3 Q3 Q2 Q2 2016 YTD YTD YTD
2015 2015
2016 2015 2016 2016 2015
--------- --- --------- --------- -------- -------- --------- --------- --------- ---------
Nickel t 11,300 6,800 66% 11,100 2% 33,600 19,800 70%
--------- --- --------- --------- -------- -------- --------- --------- --------- ---------
Nickel - Nickel production increased by 66% to 11,300 tonnes
following the successful rebuild of both Barro Alto furnaces, which
are now producing at nameplate capacity. Production from Codemin
increased by 10% to 2,300 tonnes.
Full Year Guidance
Full year production guidance remains unchanged at 45,000 -
47,000 tonnes.
NIOBIUM
Q3 2016 Q3 2016 YTD
vs. vs. 2016
vs.
Niobium Q3 Q3 Q3 2015 Q2 Q2 2016 YTD YTD YTD
2015
2016 2015 2016 2016 2015
---------- ---------- --------- -------- --------- -------- --------- --------- --------- -------
Niobium t 2,100 1,800 17% 1,200 75% 4,700 4,700 0%
---------- ---------- --------- -------- --------- -------- --------- --------- --------- -------
Niobium - Niobium production increased by 17% 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
Q3 2016 Q3 2016 YTD
vs. vs. 2016
vs.
Phosphates Q3 Q3 Q3 2015 Q2 Q2 2016 YTD YTD YTD
2015
2016 2015 2016 2016 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%
-------------------- --- --------- -------- ---------- --------- ----------- ---------- --------- ---------
Phosphates - Production of concentrate, phosphoric acid and
fertiliser was largely unchanged. DCP production increased by 21%,
driven by improved operational stability and increased phosphoric
acid availability (due to both higher production and product mix
optimisation).
The sale of the Niobium and Phosphates businesses completed as
at the end of 30 September 2016.
IRON ORE AND MANGANESE
Q3 Q3 2016 YTD
2016 vs. 2016
vs. vs.
Iron Ore and Q3 Q3 Q3 Q2 Q2 2016 YTD YTD YTD
Manganese 2015 2015
2016 2015 2016 2016 2015
---------------------- ---------- --------- --------- ---------- ------------ ----------- --------- -----------
Iron ore 000
- Kumba t 11,760 11,391 3% 8,864 33% 29,548 33,943 (13)%
Iron ore
- 000
Minas-Rio(1) t 4,452 2,919 53% 3,484 28% 11,286 5,922 91%
Manganese 000
ore(2) t 762 923 (17)% 791 (4)% 2,329 2,516 (7)%
Manganese 000
alloys(3) 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 by 5% 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 Year guidance
Full year production guidance for Iron Ore Brazil remains
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 decreased by 11% as
the South African Manganese operations continue to only operate one
of its four furnaces due to market conditions.
COAL
Q3 Q3 Q3 Q2 Q3 YTD YTD YTD
2016 2016 2016
Coal 2016 2015 vs. 2016 vs. 2016 2015 vs.
Q3 Q2 YTD
2015 2016 2015
-------------- --------- ----------- ----------- -------- ----------- --------- -------- ---------- ---------
Australia
Metallurgical 000
- Export t 5,507 5,476 1% 5,483 0% 15,516 15,724 (1)%
Thermal - 000
Export t 1,113 1,366 (19)% 1,107 1% 3,286 4,126 (20)%
Thermal - 000
Domestic t 1,682 1,801 (7)% 1,717 (2)% 4,892 5,073 (4)%
South Africa
Thermal - 000
Export t 4,751 4,887 (3)% 4,656 2% 13,383 13,526 (1)%
Thermal -
Domestic 000
(Eskom) t 8,084 6,763 20% 6,709 20% 21,185 20,488 3%
Thermal -
Domestic
(Non- 000
Eskom) t 1,856 1,730 7% 1,824 2% 5,484 5,022 9%
Colombia
Thermal - 000
Export t 2,928 2,527 16% 2,330 26% 7,867 8,446 (7)%
-------------- --------- ----------- ----------- -------- ----------- --------- -------- ---------- ---------
Australia - Export metallurgical coal production was broadly
unchanged, increasing by 1% to 5.5 million tonnes due to production
ramping up at Grosvenor and a Q3 2015 longwall move at Moranbah,
offset by the sale of the Foxleigh open cut mine (completed on 30
August 2016) and geological issues at Grasstree ahead of the
planned longwall move.
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 production decreased 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 Q3 YTD YTD YTD
2016 2016 2016 2015 2016
vs. vs. vs.
Q2 Q3 YTD
2016 2015 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 (1)
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 Q3 2016 YTD YTD YTD
vs. vs. 2016 2015 2016
Q2 2016 Q3 2015 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)(2) 3,800 3,700 3,300 4,700 4,200 3% (10)% 10,800 12,100 (11)%
Copper matte
(tonnes)(2) - - - - - 0% 0% - 300 (100)%
Nickel refined
(tonnes)(2) 7,100 6,400 5,700 7,300 6,400 11% 11% 19,200 18,100 6%
Nickel matte
(tonnes)(2) - - - - - 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(3) (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)(4) 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) Q3 2016 Q2 2016 Q1 2016 Q4 2015 Q3 2015 Q3 Q3 YTD YTD YTD
on a contained 2016 2016 2016 2015 2016
metal basis vs. vs. vs.
unless stated Q2 Q3 YTD
otherwise(5) 2016 2015 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)(6) - - - - 0.63 - - - 0.63 -
Ore grade
processed -
Sulphide (%
TCu)(7) 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(8) 57,000 56,200 51,100 61,500 43,500 1% 31% 164,300 138,800 18%
Anglo American
Sur
Los Bronces
mine(9)
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(9)
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(9)
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(10) 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(11) 26,000 6,700 9,200 41,400 - 288% 100% 41,900 - 100%
---------------- ----------- ----------- ----------- ----------- ----------- ------ ------- ----------- ----------- -------
Nickel Q3 2016 Q2 2016 Q1 2016 Q4 2015 Q3 2015 Q3 2016 Q3 2016 YTD YTD YTD
(tonnes) vs. vs. 2016 2015 2016
unless stated Q2 2016 Q3 2015 vs.
otherwise(12) 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 Q3 2016 Q2 2016 Q1 2016 Q4 2015 Q3 2015 Q3 2016 Q3 2016 YTD YTD YTD 2016 vs.
(tonnes) vs. vs. 2016 2015 YTD 2015
unless stated Q2 2016 Q3 2015
otherwise
------------- -------- ------- ------- ------- ------- -------- -------- ---------- ---------- -------------
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 Q3 2016 Q2 2016 Q1 2016 Q4 2015 Q3 2015 Q3 2016 Q3 2016 YTD YTD YTD 2016 vs.
(tonnes) unless vs. vs. 2016 2015 YTD 2015
stated Q2 2016 Q3 2015
otherwise
--------------- -------- ------- ------- ------- ------- -------- -------- ---------- -------- -------------
Phosphates
Concentrate 342,400 358,000 333,100 355,700 363,100 (4)% (6)% 1,033,400 985,700 5%
Concentrate
grade -
%P(2) O(5) 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 Q3 2016 Q2 2016 Q1 2016 Q4 2015 Q3 2015 Q3 Q3 YTD YTD YTD
Manganese 2016 2016 2016 2015 2016
(tonnes) vs. vs. vs.
Q2 Q3 YTD
2016 2015 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(13) 761,700 791,300 775,900 596,000 923,200 (4)% (17)% 2,328,900 2,515,600 (7)%
Manganese
alloys(13)(14) 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 Q3 YTD YTD YTD
2016 2016 2016 2015 2016
vs. vs. vs.
Q2 Q3 YTD
2016 2015 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(15) 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 Q3 2016 Q2 2016 Q1 2016 Q4 2015 Q3 2015 Q3 Q3 YTD YTD YTD
(tonnes) 2016 2016 2016 2015 2016
vs. vs. vs.
Q2 Q3 YTD
2016 2015 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
Note:
Production figures are sometimes more precise than the rounded
numbers shown in the commentary of this report. The percentage
change will reflect the percentage change using the production
figures shown in the Production Summary of this report.
Forward-looking statements:
This contains certain forward looking statements which involve
risk and uncertainty because they relate to events and depend on
circumstances that occur in the future. There are a number of
factors that could cause actual results or developments to differ
materially from those expressed or implied by these forward looking
statements.
For further information, please contact:
Media Investors
UK UK
James Wyatt-Tilby Paul Galloway
james.wyatt-tilby@angloamerican.com paul.galloway@angloamerican.com
Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968
8718
Marcelo Esquivel
marcelo.esquivel@angloamerican.com Trevor Dyer
Tel: +44 (0)20 7968 8891 trevor.dyer@angloamerican.com
Tel: +44 (0)20 7968
8992
South Africa Sheena Jethwa
Pranill Ramchander sheena.jethwa@angloamerican.com
pranill.ramchander@angloamerican.com Tel: +44 (0)20 7968
Tel: +27 (0)11 638 2592 8680
Ann Farndell
ann.farndell@angloamerican.com
Tel: +27 (0)11 638 2786
Notes to editors:
Anglo American is a globally diversified mining business. Our
portfolio of world-class competitive mining operations and
undeveloped resources provides the raw materials to meet the
growing consumer-driven demands of the world's developed and
maturing economies. Our people are at the heart of our business. It
is our people who use the latest technologies to find new
resources, plan and build our mines and who mine, process and move
and market our products - from diamonds (through De Beers) to
platinum and other precious metals and copper - to our customers
around the world.
As a responsible miner, we are the custodians of those precious
resources. We work together with our key partners and stakeholders
to unlock the long-term value that those resources represent for
our shareholders, but also for the communities and countries in
which we operate - creating sustainable value and making a real
difference.
www.angloamerican.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTPGGRPUUPQGRC
(END) Dow Jones Newswires
October 25, 2016 02:00 ET (06:00 GMT)
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