UK-based mining giant Anglo American Corporation has announced its production results for the first quarter ended on March 31, 2013.
In the first quarter, the iron ore production from Kumba Iron Ore increased by two percent year on year to 10.3 million mt due to a strong performance at Kolomela mine in South Africa, which is on track to produce at its annual designed capacity of 9 million mt in 2013, producing 2.7 million mt in the given quarter, an increase of 77 percent year on year.
Iron ore output in the first quarter increased by 15 percent compared to the previous quarter as production rates at Sishen continued to recover following the unprotected strike in the fourth quarter of 2012, in addition to higher output from Kolomela.
In the first quarter, Anglo American's metallurgical coal production increased by 23 percent year on year to 4.61 million mt, while its nickel production decreased by 48 percent on year-on-year basis to 6,200 mt owing to the cessation of production at Loma de Níquel in Venezuela in November 2012, which was partly offset by an increased contribution from Barro Alto.