Anglo American Platinum Reports Flat 3Q Production; Reaffirms 2021 Guidance
October 21 2021 - 2:58AM
Dow Jones News
By Jaime Llinares Taboada
Anglo American Platinum Ltd. on Thursday reported broadly flat
production for the third quarter and reiterated full-year
guidance.
The South African miner, a subsidiary of Anglo American PLC,
said its production increased to 1.12 million ounces in the three
months ended Sept. 30 from 1.11 million ounces a year earlier, and
also from 1.06 million ounces in the second quarter. This includes
platinum, palladium, rhodium, iridium, ruthenium and gold.
Year to date, production is up 17% at 3.20 million ounces.
Sales volumes excluding trading increased 54% to 1.36 million
ounces, reflecting higher refined production.
The group reiterated full-year metal-in-concentrate production
guidance of 4.2 million ounces-4.4 million ounces and refined
production and sales volumes guidance of 4.8 million ounces-5.0
million ounces.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
October 21, 2021 02:43 ET (06:43 GMT)
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