Anglo American sees decline in iron ore output in Q2

Thursday, 18 July 2013 14:22:42 (GMT+3)   |   Istanbul

UK-based mining giant Anglo American Corporation has announced its production results for the second quarter of the current calendar year.

In the second quarter, the iron ore production from Kumba Iron Ore decreased by one percent year on year to 11.3 million mt, while increasing by nine percent compared to the previous quarter due to continued improvement in production rates at Sishen mine (quarter on quarter) following the unprotected strike in the fourth quarter of 2012, together with the exceptional performance of Kolomela mine.

Iron ore output in the given quarter decreased by nine percent to 8.56 million mt at Sishen mine ,while it improved by 49 percent to 2.6 million mt at Kolomela mine, both year on year.

In the second quarter, Anglo American's metallurgical coal production fell nine percent year on year to 4.4 million mt, while its nickel production decreased by 22 percent on year-on-year basis to 8,500 mt.


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