Anglo American, one of the world’s large diversified mining companies, reported an overall increase in quarterly production, but its South African, Colombian and Australian coal operations were obvious laggards. Converting all its production to a copper equivalent, Anglo reported a 6% year-on-year increase in output for the three months to end-September and an 8% increase for the first nine months of the year. Anglo CEO Mark Cutifani said the company had "delivered another strong production performance across our business". Anglo’s thermal coal division had a tough quarter, however, with output 15% lower because of a 100-day safety stoppage after a fatality at one of its South African mines in August. In Colombia, bad weather hampered production. Anglo kept its thermal coal target unchanged at between 29-million and 31-million tonnes but warned investors to expect production to be at the lower end of that estimate because of operational problems at its Khwezela mine. South African t...
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