Anglo American reports rise in Q1 production of key South African commodities

April 26, 2021 business maverick 0 Comments

Anglo said copper production for the three months to the end of March was up 7% on the same period last year. But for South Africa, rising production in three other key commodities is a positive sign for the wider economy.

Kumba Iron Ore’s production rose 10% to 10.6 million tonnes, while Anglo American Platinum’s (Amplats’) total platinum group metal (PGM) increased 7% to 1.21 million ounces.

At the mines that Amplats totally owns, output climbed 6% to 594,500 ounces. This included a 17% production boost at Mogalakwena, the company’s open-pit and mechanised cash-spinner in Limpopo. Read More.

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