Copper, News & Features, Resource News
Anglo American’s Q4 copper up 10%; platinum down
By Mineweb · January 26, 2012 · 9:45 am · Leave a Comment
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Miner Anglo American posted a 10 percent rise in copper output in the final three months of 2011, boosted by its flagship Los Bronces mine as it recovered from a tough third quarter hit by blizzards and lower ore grades.
The Los Bronces mine, at the heart of the miner’s complex legal dispute with Chilean state copper producer Codelco, helped to offset the impact of stoppages at the Collahuasi mine, also in Chile. Copper accounts for roughly a third of Anglo’s profit.
