January 24, 2019 / 7:19 AM / a year ago

Anglo says operational improvements drive output

LONDON, Jan 24 (Reuters) - Anglo American said on Thursday improved efficiency had driven a 7 percent increase in overall output for the fourth quarter of 2018 versus a year earlier, excluding the impact of a stoppage at the Minas-Rio iron ore project in Brazil.

Copper output rose 23 percent, while the De Beers diamond unit increased production by 12 percent and platinum and palladium rose 3 percent.

In December, Anglo said its annual production would rise more than previously expected and costs should be lower.

Reporting by Barbara Lewis; Editing by Mark Potter

Nuestros Estándares:Los principios Thomson Reuters
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below