By Jaime Llinares Taboada
Anglo American Platinum Ltd. on Thursday reported broadly flat production for the third quarter and reiterated full-year guidance.
The South African miner, a subsidiary of Anglo American PLC, said its production increased to 1.12 million ounces in the three months ended Sept. 30 from 1.11 million ounces a year earlier, and also from 1.06 million ounces in the second quarter. This includes platinum, palladium, rhodium, iridium, ruthenium and gold.
Year to date, production is up 17% at 3.20 million ounces.
Sales volumes excluding trading increased 54% to 1.36 million ounces, reflecting higher refined production.
The group reiterated full-year metal-in-concentrate production guidance of 4.2 million ounces-4.4 million ounces and refined production and sales volumes guidance of 4.8 million ounces-5.0 million ounces.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
10-21-21 0243ET