The miner said fourth-quarter production fell 14% from the prior-year period, while iron ore production rose.
Anglo American reported Q4 copper production fell 14% Q/Q to 170K metric tons, and full-year copper output tumbled 10% to 695K tons. De Beers diamond production plummeted 35% to 3.8M carats.
LONDON, Feb 5 (Reuters) - Global miner Anglo American on Thursday posted a 10% drop in copper production last year to 695,000 ...
Southern Copper rises as copper futures rose above $13.1K/ton on the London Metal Exchange, but JPMorgan downgraded due to ...
Anglo American lowered its 2027 copper guidance as production fell in the fourth quarter. Diamond output fell 35% on year to 3.8 million carats, a decrease mainly driven by maintenance closures at its ...
Teck Resources Ltd. once again cut output guidance for its flagship copper mine in Chile, little more than a month after agreeing one of the biggest ever mining deals with Anglo American Plc. The cut ...
Copper price eased after hitting record highs as investors booked profits. Shanghai and London markets both showed declines, with China’s demand weakening. Analysts note tight supply-demand conditions ...
Copper's aging mines, shrinking discoveries, rising disruptions, and regulatory hurdles are creating a structural supply ...
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