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Anglo American PLC AAL Q3 2012 Production report

  Anglo American PLC (AAL) - Q3 2012 Production report

RNS Number : 4828P
Anglo American PLC
25 October 2012




25 October 2012
Anglo American plc

Production Report for the third quarter ended 30 September 2012



Overview





· Solid operational performance with production increases across five of
the seven commodities



· Kumba Iron Ore  production increased by 14%  to a record 12.5  million 
tonnes, driven by faster  than planned ramp up  of Kolomela mine. Kolomela  is 
expected to produce at least 7 million tonnes in 2012



· Export metallurgical coal production  increased by 12% to 4.5  million 
tonnes



· Export thermal coal production from  South Africa increased by 10%  to 
4.6 million tonnes



· Copper production^(1) increased by  12% to 157,300 tonnes,  reflecting 
the full ramp up of the Los Bronces expansion project



·  Nickel  production^(2)  increased  by  38%  to  9,000  tonnes,   with 
production from Barro  Alto offsetting the  lack of production  from Loma  de 
Níquel in Venezuela



·  Refined  platinum  production  of  649,000  ounces  was  flat,  while 
equivalent refined  platinum production  decreased by  6% to  626,300  ounces. 
Production and  costs were  adversely impacted  by illegal  industrial  action 
which caused production loss of  42,000 ounces of equivalent refined  platinum 
in the quarter



· Diamond production decreased by 31% to 6.4 million carats, largely  in 
response to market conditions and the Jwaneng slope failure



· On 16 August 2012, Anglo  American completed the acquisition of a  40% 
shareholding in De Beers from CHL Holdings Limited for a cash consideration of
$5.2 billion



· On  24 August  2012, Anglo  American  completed the  sale of  a  25.4% 
shareholding in  Anglo American  Sur to  a Codelco  and Mitsui  joint  venture 
company for a cash consideration of $2.0 billion



· During the quarter,  Anglo American issued corporate  bonds with a  US 
dollar equivalent value of $2.3 billion in the US and European markets



The Interim Management Statement for the third quarter ended 30 September 2012
is unaudited.Preliminary Results for the full  year to 31 December 2012  will 
be announced on
15 February 2013. This  report forms Anglo  American plc's Interim  Management 
Statement for  the  purpose  of  the UK  Listing  Authority's  Disclosure  and 
Transparency Rules.







(1) Copper production from the Copper business unit

(2) Nickel production from the Nickel business unit



IRON ORE & MANGANESE



                                                                          YTD
                                    Q3 2012        Q3 2012               2012
Iron Ore and            Q3     Q3             Q2            YTD    YTD
Manganese                             vs.            vs.                  vs.
                       2012   2011           2012           2012   2011
                                    Q3 2011        Q2 2012                YTD
                                                                         2011
Iron ore        000 t 12,497 10,953     14% 11,449      9% 34,053 30,107   13%
Manganese ore   000 t    858    808      6%    826      4%  2,501  2,065   21%
Manganese       000 t     52     78   (33%)     30     72%    137    223 (38%)
alloys



Iron Ore - Record quarterly Kumba Iron Ore production of 12.5 Mt was achieved,
owing to faster than planned ramp  up of Kolomela mine. Kolomela's  production 
of 2.5 Mt was 44% higher than Q2 2012, with the mine reaching design  capacity 
in July 2012, ahead of schedule. The mine is expected to produce at least 7 Mt
in 2012, with full production of 9 Mtpa in 2013. 



Production from Sishen mine of 9.8 Mt declined by 7%, as mining feedstock  and 
quality  constraints  continued  to  impact  plant  throughput.  However,   an 
improvement plan has been implemented  and, as a result, production  increased 
by 0.3 Mt quarter on quarter.



In October 2012, Sishen mine's production  was affected by an illegal  strike. 
The strike started on 3 October,  with production suspended on 4 October  when 
striking miners blocked access to the pit, creating an unsafe environment  for 
mining operations. The strikers were removed  from the mine on 16 October  and 
management regained  possession of  all the  heavy mining  equipment from  the 
strikers. Following the removal of the  strikers from the mine, production  is 
being ramped up. As at 24 October,  Sishen mine had lost approximately 2.2  Mt 
of finished product from the strike.



The Minas-Rio iron  ore project is  progressing and, during  the quarter,  two 
legal stoppages were lifted, allowing important activities to continue at  the 
beneficiation plant site.If all  the current impediments  are cleared by  the 
end of 2012 and there are no major unexpected interventions, it is anticipated
that first ore on ship will be  delivered in the second half of 2014.  Capital 
expenditure  for  the  completion   of  this  project   was  expected  to   be 
approximately $5.8  billion, however  the  quantum of  a further  increase  is 
currently under review.



Manganese Ore - Consistently strong  operating performance and improved  plant 
availability at GEMCO (Australia) contributed to record ore production in  the 
quarter- a 6% increase to 858,000 tonnes.



Manganese Alloys - The resumption of  production at TEMCO (Australia) in  July 
2012 led to a substantial increase  in alloy production quarter on quarter  to 
52,000 tonnes. The  year to  date decline  in alloy  production reflected  the 
permanent closure of energy-intensive silico-manganese production at Metalloys
(South Africa) in January 2012.





METALLURGICAL COAL



                                                     Q3                  YTD
                                     Q3 2012        2012                 2012
                          Q3    Q3            Q2           YTD    YTD
Metallurgical Coal                     vs.          vs.                  vs.
                         2012  2011          2012          2012   2011
                                     Q3 2011         Q2                  YTD
                                                    2012                 2011
Export            000 t 4,496 4,015     12% 4,846   (7%) 13,084 10,129    29%
metallurgical
Thermal           000 t 3,399 3,978   (15%) 3,286     3%  9,256 10,068   (8%)



Metallurgical Coal - Production of metallurgical coal increased by 12% to  4.5 
Mt. This was driven  by productivity improvements and  the timing of  longwall 
moves (one move in the quarter versus two moves in Q3 2011) in Australia,  and 
a 59% increase  in production from  Peace River in  Canada. Production was  7% 
lower quarter on quarter due to the scheduled longwall move at Grasstree  mine 
in Australia.



Thermal coal  production decreased  by 15%  to 3.4  Mt in  response to  weaker 
market conditions.



The brownfield Grosvenor metallurgical  coal project in Queensland,  Australia 
is progressing  in  line  with  current plan.  Engineering  is  60%  complete, 
earthworks on site commenced in July and drift construction began in October.





THERMAL COAL



                                  Q3 2012       Q3 2012               YTD 2012
                       Q3    Q3            Q2            YTD    YTD
Thermal Coal                        vs.           vs.                   vs.
                      2012  2011          2012           2012   2011
                                  Q3 2011       Q2 2012               YTD 2011
RSA export     000 t 4,555 4,146     10% 4,224      8% 12,473 12,091       3%
thermal
Colombia export 000 t 2,829 2,852    (1%) 3,105    (9%)  8,887  7,999      11%
thermal
RSA domestic -  000 t 9,057 8,751      3% 8,326      9% 25,146 25,809     (3%)
Eskom
RSA domestic -  000 t 1,531 1,129     36% 1,577    (3%)  4,699  3,690      27%
other



Thermal Coal - Export thermal coal production in South Africa increased by 10%
to 4.6 Mt due to the ramp-up of Zibulo and the industrial action that affected
operations in  Q3 2011.  This was  partly  offset by  the planned  closure  of 
high-cost sections at  Goedehoop and Greenside,  as well as  a pit closure  at 
Kleinkopje. Cerrejón production was in  line, despite the rescheduling of  the 
annual shiploader maintenance carried out in the quarter.



COPPER



                                                       Q3           Q3                  YTD
                                                      2012         2012                 2012
                                        Q3      Q3           Q2           YTD     YTD
Copper                                                vs.          vs.                  vs.
                                       2012    2011         2012         2012    2011
                                                       Q3           Q2                  YTD
                                                      2011         2012                 2011
Copper t 157,300 139,900  12% 161,100 (2%) 486,800 429,000  13%



Copper - Production increased by 12% to 157,300 tonnes. Los Bronces production
was 84% higher, despite  continued lower ore grades  and recoveries, with  the 
Los Bronces expansion project contributing  48,900 tonnes. The new  processing 
plant continues to ramp up and  achieved design throughput capacity in  August 
and September 2012. Production  at Los Bronces is  expected to continue to  be 
impacted by higher waste stripping and lower ore grades.



Production at  Collahuasi  decreased  by  40%. Output  had  been  expected  to 
decrease as a consequence of planned  lower ore grades from current phases  in 
the mine plan, but this was  compounded by a combination of lower  recoveries, 
an extended  ball  mill  outage  and  a  number  of  other  plant  reliability 
challenges. The  joint  shareholder intervention  initiated  in July  2012  to 
address these issues is expected to start delivering improvements from Q4 2012
onwards.





NICKEL



                           Q3 2012        Q3 2012               YTD 2012
                Q3    Q3             Q2            YTD    YTD
Nickel                       vs.            vs.                   vs.
               2012  2011           2012           2012   2011
                           Q3 2011        Q2 2012               YTD 2011
Nickel  t 9,000 6,500     38% 10,900   (17%) 31,900 19,200      66%



Nickel -Production increased  by 38% to  9,000 tonnes due  to the ramp-up  of 
Barro Alto, partially  offset by  lower production  at Loma  de Níquel,  which 
stopped production in September 2012.



Barro Alto delivered  4,700 tonnes in  the quarter and  16,700 tonnes year  to 
date. Production in the quarter was impacted by the planned shut-down of  both 
kilns. On  15  October,  Kiln  1's electric  furnace  experienced  a  sidewall 
collapse, which  will impact  the production  outlook. Barro  Alto remains  in 
ramp-up phase and earnings therefore are capitalised.



Loma de Níquel's three remaining  concessions (after cancellation of 13  other 
concessions) are  due to  expire  on 10  November 2012  and,  if there  is  no 
development in  this situation  in the  coming weeks,  then there  will be  no 
further  production  contribution  from  this  operation.  Anglo  American  is 
continuing to engage with stakeholders in Venezuela.





PLATINUM



                              Q3 2012       Q3 2012               YTD 2012
                   Q3    Q3            Q2            YTD    YTD
Platinum                        vs.           vs.                   vs.
                  2012  2011          2012           2012   2011
                              Q3 2011       Q2 2012               YTD 2011
Refined
Platinum   000 oz   649   647       -   623      4%  1,675  1,820     (8%)
Palladium  000 oz   392   376      4%   356     10%    983  1,038     (5%)
Rhodium    000 oz    91    75     20%    75     21%    220    241     (9%)
Copper          t 2,700 3,100   (13%) 3,300   (18%)  8,900  9,900    (10%)
Nickel          t 3,700 4,900   (24%) 5,400   (31%) 13,800 15,200     (9%)
Gold       000 oz    39    17    125%    24     60%     87     77      12%
Equivalent
Platinum   000 oz   626   667    (6%)   584      7%  1,803  1,827     (1%)



Platinum -Equivalent refined  platinum production  decreased by  6% owing  to 
lower production at Union North and South, Mogalakwena, Tumela and Siphumelele
mines. Production  at Union  North and  South mines  declined by  23% and  26% 
respectively due to lower grades caused by a decline in Merensky ore mined,  a 
fall of ground and  a shortage of stopeable  face. Mogalakwena production  was 
lower as  a result  of  the breakdown  of the  primary  crusher at  the  North 
concentrator and lower head grade.



Platinum  production   at   Rustenburg   (Bathopele,   Khuseleka,   Khomanani, 
Siphumelele and  Thembelani  mines) was  148,100  ounces for  the  quarter,  a 
decrease of 0.3%,  and up 2%  quarter on  quarter despite the  loss of  42,000 
ounces of platinum due to illegal strike action in July and September.



Anglo American Platinum has been experiencing illegal industrial strike action
at its Rustenburg, Union and Amandelbult mining operations since 18  September 
2012. This followed an initial safety  suspension on 12 September. The  strike 
was initially contained  to the  Rustenburg mining operations,  but has  since 
commenced at  Union (North  and South)  and Amandelbult  (Tumela and  Dishaba) 
operations as of the first week of October.



As  a  result  of  the  illegal  industrial  action  and  the  initial  safety 
suspension, equivalent  refined  platinum production  losses,  including  from 
joint ventures and  associates, amounted to  42,000 ounces in  Q3 2012 and  an 
additional 96,300 ounces from 1 to 24 October 2012. The production losses have
also resulted in an additional 8% increase  in unit costs for Q3 2012, due  to 
the retained fixed cost base. The average loss of platinum production is 4,500
ounces per day (3,800 ounces for own mines). As a result, and dependent on the
resolution of  the  illegal  strike  action,  the  expected  refined  platinum 
production for 2012 is  reduced to between 2.2  and 2.4 million ounces.  Given 
the retained fixed cost  base, and as result  of the reduction in  production, 
the 2012 unit cost is expected to be R15,500 to R16,000 per equivalent refined
platinum ounce.  In line  with the  lower production  levels and  in light  of 
continued adverse  market conditions,  planned total  capital expenditure  for 
2012 has been reduced further to R6.5 billion.



Palladium, Rhodium and  Nickel -Refined production  of palladium and  rhodium 
increased by 4%  and 20% respectively,  while nickel decreased  by 24% due  to 
technical challenges  in  the new  tank  house  at the  base  metal  refinery. 
Palladium and rhodium variances  are a result of  a different source mix  from 
operations and different pipeline processing times for each metal.





DIAMONDS



                                Q3 2012       Q3 2012                YTD 2012
                     Q3    Q3            Q2             YTD    YTD
Diamonds                          vs.           vs.                    vs.
                    2012  2011          2012           2012    2011
                                Q3 2011       Q2 2012                YTD 2011
Diamonds 000 carats 6,375 9,305   (31%) 7,241   (12%) 19,824 24,839    (20%)

Diamonds -  Production decreased  by 31%  to 6.4  million carats,  largely  in 
response to market conditions and the Jwaneng slope failure in June 2012 which
temporarily prevented access to the main ore body. Market conditions reflect a
combination of  a  softening in  the  polished  diamond market  and  a  credit 
constrained  rough  diamond  market.  The  current  operational  focus  is  on 
maintenance, waste stripping and safety  improvements, ensuring the mines  are 
well positioned to  respond to an  increase in demand  once market  conditions 
improve.





OTHER MINERALS & INDUSTRIAL



                                      Q3            Q3                    YTD
                                     2012          2012                  2012
Other Mining and      Q3      Q3             Q2            YTD     YTD
Industrial                           vs.            vs.                   vs.
                     2012    2011           2012          2012    2011
                                      Q3            Q2                    YTD
                                     2011          2012                  2011
Phosphates        t 292,300 284,500     3% 271,500    8% 810,700 786,000    3%
Niobium           t   1,100   1,100      -   1,200  (8%)   3,400   2,900   17%
Amapá         000 t   1,530   1,230    25%   1,470    4%   4,570   3,550   29%



Phosphates - Production  increased by 3%  to 292,300 tonnes  due to  increased 
capacity of the  plants through  business improvements and  change in  product 
mix.



Niobium - Production was in line, though marginally lower than Q2 2012,  owing 
to the lower quality of ore feed, which is expected to continue until the  end 
of the year.



Amapá - Production increased by  25% to 1.5 Mt,  primarily due to higher  mass 
recovery in the beneficiation plant as a result of increased plant  stability. 
Output  was  4%  higher  than   Q2  2012,  principally  driven  by   increased 
productivity following improved weather conditions from August 2012 onwards.





FINANCING



During the  quarter,  the  Group  issued corporate  bonds  with  a  US  dollar 
equivalent value  of  $2.3 billion  in  the  US and  European  markets.  These 
comprised:



· $750 million 2.625% senior notes due 2017

· $600 million 4.125% senior notes due 2022

· €750 million  2.500% guaranteed notes  due 2018 issued  under the  Euro 
Medium Term Note (EMTN) programme





EXPLORATION & EVALUATION



Exploration and evaluation operating expenditure for the nine months ended  30 
September 2012 was $526 million, 47% higher than the same period of 2011.



Exploration expenditure  was  $136  million  for  the  nine  months  ended  30 
September 2012 was 62%  higher than the same  period of 2011. Expenditure  was 
primarily focused  on  opportunities  in  Australia,  Brazil,  Canada,  Chile, 
Finland, Peru and several countries in Africa.



Evaluation expenditure was $390 million for the nine months ended 30 September
2012 reflected  ongoing project  and technical  studies, particularly  in  the 
Metallurgical  Coal,  Copper  and  Iron  Ore  businesses.  Metallurgical  Coal 
expenditure was concentrated primarily at  the Moranbah South and Grosvenor  2 
brownfield projects in Australia. The Copper business' evaluation  expenditure 
was focused on Michiquillay (Peru) and Pebble (Alaska) projects.



Anglo American recognises the longer term value of exploration and  evaluation 
activities. However, in  light of the  current macro-economic environment  and 
following recent successes, expenditure is being moderated in 2012 and 2013.





SIGNIFICANT TRANSACTIONS



On 16  August  2012,  Anglo  American  completed  the  acquisition  of  a  40% 
shareholding  in  De  Beers  from  CHL  Holdings  Limited  (representing   the 
Oppenheimer   family   interests),   thereby   increasing   Anglo   American's 
shareholding in  De  Beers  to 85%.  Under  the  terms of  the  November  2011 
agreement between Anglo  American and CHL,  Anglo American paid  a total  cash 
consideration of $5.2 billion,  comprising the agreed  purchase price of  $5.1 
billion and a number of adjustments as provided for under the agreement.



On 24 August 2012, Anglo American  completed the sale of a 25.4%  shareholding 
in Anglo American Sur to a Codelco and Mitsui joint venture company controlled
by Codelco for a combined total cash consideration of $2.0 billion.







PRODUCTION SUMMARY



The figures below include the entire  output of consolidated entities and  the 
Group's  attributable  share  of   joint  ventures,  joint  arrangements   and 
associates where applicable,  except for  De Beers' joint  ventures which  are 
quoted on a 100% basis.





                                                                            % Change                                                                                                              %
                                                                                                                                                                                                Change
                                                                            Q3    Q3                                                                                                             YTD
                                                                           2012  2012                                                                                                            2012
                                                                                                                                                                                                 vs.
               Q3 2012       Q2 2012       Q1 2012    Q4 2011    Q3 2011    vs.   vs.                                            YTD 2012                                             YTD 2011
                                                                                                                                                                                                 YTD
                                                                            Q2    Q3                                                                                                             2011
                                                                           2012  2011
Iron Ore & Manganese segment (tonnes)
Kumba Iron                         
Ore
Lump           7,689,900  7,045,500  6,294,100  6,914,800  6,745,900    9%   14%                                                                                    21,029,500 18,530,300    13%
Fines          4,807,000  4,403,700  3,812,400  4,245,400  4,207,600    9%   14%                                                                                    13,023,100 11,577,100    12%
Total Kumba   12,496,900 11,449,200 10,106,500 11,160,200 10,953,500    9%   14%                                                                                    34,052,600 30,107,400    13%
production
Kumba Sales
volumes
RSA export     9,958,600       10,597,600 10,121,200  9,600,400  9,167,100  (6%)    9%                                                                                    30,677,400 27,530,700    11%
iron ore
RSA domestic   1,162,400        1,368,000  1,319,500  1,241,800  1,537,700 (15%) (24%)                                                                                     3,849,900  5,199,300  (26%)
iron ore
Samancor
Manganese ore    858,400          826,400    816,200   722,500    807,600    4%    6%                                                                                     2,501,000  2,065,000    21%
^(1)
Manganese
alloys ^(1)       52,000           30,200     55,000    78,000     77,600   72% (33%)                                                                                       137,000    223,000  (38%)
(2)
Samancor                           
sales volumes
Manganese ore    702,400          883,200    794,400    691,600    782,000 (20%) (10%)                                                                                     2,380,000  2,255,000     6%
Manganese         48,000     50,400     71,600     78,400     74,400  (5%) (35%)                                                                                       170,000    236,000  (28%)
alloys
Metallurgical Coal segment (tonnes) ^(3)
Export coking  3,095,300        3,234,300  2,145,000  2,702,900  2,761,800  (4%)   12%                                                                                     8,474,600  7,523,800    13%
coal
Export PCI     1,400,400        1,611,300  1,598,000  1,357,700  1,253,200 (13%)   12% 4,609,700  2,605,300    77%
Total export
metallurgical  4,495,700        4,845,600  3,743,000  4,060,600  4,015,000  (7%)   12%                                                                                    13,084,300 10,129,100    29%
^(4)
Thermal        3,398,900        3,286,300  2,570,600  3,358,700  3,978,000    3% (15%)                                                                                     9,255,800 10,067,800   (8%)
Weighted
average
achieved FOB
prices
(US$/t)
Export               188              192        190        234        267  (2%) (30%)                                                                                           190        257  (26%)
metallurgical
Export                96               94        113        103         98    2%  (2%)                                                                                           100        101      -
thermal
Domestic              36               35         39         34         35    3%    3%                                                                                            36         35     6%
thermal
Sales volumes
Export
metallurgical  4,096,800        4,651,500  3,950,700  4,010,900  3,720,500 (12%)   10%                                                                                    12,699,000  9,972,100    27%
^(5)
Export         1,776,300        1,525,400  1,222,100  1,849,900  1,877,500   16%  (5%)                                                                                     4,523,800  4,424,500     2%
thermal
Domestic       1,817,500        1,698,300  1,484,300  1,853,300  1,843,100    7%  (1%)                                                                                     5,000,100  5,601,700  (11%)
thermal
Production by
region:                            

Australia
Export         4,072,700  4,490,900  3,510,100  3,805,000  3,749,300  (9%)    9%                                                                                    12,073,700  9,448,300    28%
metallurgical
Thermal        3,398,900  3,286,300  2,570,600  3,358,700  3,978,000    3% (15%)                                                                                     9,255,800 10,067,800   (8%)
Total          7,471,600  7,777,200  6,080,700  7,163,700  7,727,300  (4%)  (3%)                                                                                    21,329,500 19,516,100     9%
Australia
Canada                             
Export           423,000    354,700    232,900    255,600    265,700   19%   59%                                                                                     1,010,600    680,800    48%
Metallurgical





                                                                            % Change                            %
                                                                                                              Change
                                                                            Q3     Q3                          YTD
                                                                           2012   2012                         2012
                                                                                                               vs.
               Q3 2012       Q2 2012      Q1 2012    Q4 2011    Q3 2011    vs.    vs.    YTD 2012   YTD 2011
                                                                                                               YTD
                                                                            Q2     Q3                          2011
                                                                           2012   2011
Thermal Coal segment
(tonnes) ^(6)
RSA export     4,555,300       4,223,500  3,694,200  4,455,900  4,145,500     8%    10% 12,473,000 12,090,600     3%
thermal
Colombia
export         2,829,400       3,104,700  2,953,000  2,752,700  2,851,800   (9%)   (1%)  8,887,100  7,999,000    11%
thermal
RSA domestic   9,056,900       8,326,200  7,762,700  9,487,000  8,751,400     9%     3% 25,145,800 25,809,000   (3%)
- Eskom
RSA domestic   1,530,500   1,560,900  1,533,200  1,390,100  1,052,900   (2%)    45%  4,624,600  3,451,500    34%
- other
RSA domestic
-                      -          15,700     58,400     84,500     75,600 (100%) (100%)     74,100    238,900  (69%)
metallurgical
Weighted
average
achieved FOB
prices
(US$/t)
RSA export            87              93        104        107        115   (6%)  (24%)         95        118  (19%)
thermal
Colombia
export                86              90         95         98        103   (4%)  (17%)         90        102  (12%)
thermal
RSA domestic          20              21         22         19         22   (5%)   (9%)         21         22   (5%)
thermal
Sales volumes
RSA export     4,400,800       3,720,100  4,518,700  5,146,400  4,605,000    18%   (4%) 12,639,600 11,385,700    11%
thermal
Colombia
export         2,630,300       2,959,600  2,634,000  2,783,700  2,900,600  (11%)   (9%)  8,223,900  7,900,900     4%
thermal
RSA domestic  10,468,500       9,909,500  9,447,500 10,842,600  9,901,600     6%     6% 29,825,500 29,293,800     2%
thermal
Production by
region:                           

South Africa
Export         4,555,300 4,223,500  3,694,200  4,455,900  4,145,500     8%    10% 12,473,000 12,090,600     3%
thermal
RSA domestic   9,056,900       8,326,200  7,762,700  9,487,000  8,751,400     9%     3% 25,145,800 25,809,000   (3%)
- Eskom
RSA domestic   1,530,500   1,560,900  1,533,200  1,390,100  1,052,900   (2%)    45%  4,624,600  3,451,500    34%
- other
RSA domestic
-                      -          15,700     58,400     84,500     75,600 (100%) (100%)     74,100    238,900  (69%)
metallurgical
Total South   15,142,700      14,126,300 13,048,500 15,417,500 14,025,400     7%     8% 42,317,500 41,590,000     2%
Africa
Colombia
Export         2,829,400       3,104,700  2,953,000  2,752,700  2,851,800   (9%)   (1%)  8,887,100  7,999,000    11%
Thermal
Coal production by commodity (tonnes)
Metallurgical  4,495,700       4,861,300  3,801,400  4,145,100  4,090,600   (8%)    10% 13,158,400 10,368,000    27%
Thermal excl. 10,783,600      10,614,500  9,217,800 10,567,300 10,975,300     2%   (2%) 30,615,900 30,157,400     2%
RSA domestic
RSA domestic  10,587,400       9,887,100  9,295,900 10,877,100  9,804,300     7%     8% 29,770,400 29,260,500     2%
thermal







                                                                           % Change                           %
                                                                                                            Change
                                                                           Q3    Q3                          YTD
                                                                          2012  2012                         2012
                                                                                                             vs.
              Q3 2012      Q2 2012      Q1 2012    Q4 2011     Q3 2011     vs.   vs.   YTD 2012   YTD 2011
                                                                                                             YTD
                                                                           Q2    Q3                          2011
                                                                          2012  2011
Copper segment (tonnes)
^(7)
Collahuasi
total            62,900         68,700    76,700     114,500      104,300  (8%) (40%)    208,300    338,800  (39%)
production
Collahuasi
attributable     27,700         30,200    33,700      50,500       45,900  (8%) (40%)     91,600    149,100  (39%)
production
^(8)
Avg sulphide
ore grade           0.7            0.8       0.8         1.0          1.0 (13%) (30%)        0.8        1.0  (20%)
(%)
Los Bronces      87,200         89,800    93,200      72,600       47,400  (3%)   84%    270,200    149,200    81%
mine ^(9)
Avg sulphide
ore grade LB        0.8            0.9       0.9         0.9          0.9 (11%) (11%)        0.8        0.9  (11%)
(%)
Avg sulphide
ore grade           0.8            0.8       0.9         0.7          n/a     -   n/a        0.8        n/a    n/a
LBDP (%)
El Soldado       12,500         12,700    13,400      15,400       13,600  (2%)  (8%)     38,600     31,400    23%
mine ^(9)
Avg sulphide
ore grade           0.7            0.8       0.9         0.9          0.9 (13%) (22%)        0.8        0.8      -
(%)
Mantos           14,100         13,300   12,900     17,700      18,300    6% (23%)     40,300     54,400  (26%)
Blancos mine
Avg sulphide
ore grade           0.7            0.7       0.6         0.8          0.9     - (22%)        0.7        1.0  (30%)
(%)
Mantoverde       15,800         15,100    15,200      13,800       14,700    5%    7%     46,100     44,900     3%
mine
Avg oxide
ore grade           0.7            0.7       0.6         0.6          0.6     -   17%        0.6        0.6      -
(%)
Total copper    192,500        199,600   211,400     234,000      198,300  (4%)  (3%)    603,500    618,700   (2%)
production
Attributable
copper          157,300        161,100   168,400     170,000      139,900  (2%)   12%    486,800    429,000    13%
production
^(10)
Attributable
sales           150,200        160,200   155,200     177,000      154,000  (6%)  (2%)    465,600    431,300     8%
volumes
Nickel segment (tonnes)
^(11)
Codemin           2,500          2,500     2,100       2,500        2,400     -    4%      7,100      6,900     3%
Loma de           1,800          3,000     3,300       3,300        3,000 (40%) (40%)      8,100     10,100  (20%)
Niquel
Barro Alto        4,700          5,400     6,600       4,100        1,100 (13%)  327%     16,700      2,200   659%
Total nickel      9,000         10,900    12,000       9,900        6,500 (17%)   38%     31,900     19,200    66%
production
Sales             7,600         12,600    10,800       6,400        7,000 (40%)    9%     31,000     19,100    62%
volumes
Platinum
segment
Refined
production
Platinum     649,000    623,000 402,800  710,000 646,500    4%     -  1,674,800  1,820,100   (8%)
(troy oz)
Palladium    392,100    355,500        392,700  376,000   10%    4%    982,600  1,038,000   (5%)
(troy oz)                                 35,000
Rhodium                75,100                       21%   20%    219,500    240,800   (9%)
(troy oz)        90,500                   53,900      96,800       75,200
Copper            3,300               (18%) (13%)      8,900      9,900  (10%)
(tonnes)          2,700                    2,900       2,900    3,100
Nickel              5,400                  4,900 (31%) (24%)     13,800     15,200   (9%)
(tonnes)          3,700                    4,700       5,100
Gold (troy             24,100         28,000  17,100   60%  125%     86,600     77,100    12%
oz)              38,500                   24,000
Equivalent
refined
Platinum     626,300      583,600           583,200  666,800    7%  (6%)  1,803,100  1,826,900   (1%)
(troy oz)                                 93,200
4E Built-up
head grade         3.32           3.09      3.20        3.27         3.35    7%  (1%)       3.20       3.23   (1%)
(g/tonne
milled)
Diamonds segment (diamonds recovered - carats)
^(12)
Debswana      4,385,000      5,345,000 4,949,000   4,643,000    6,927,000 (18%)      14,679,000 18,247,000  (20%)
                                                                                (37%)
Namdeb          419,000        460,000   318,000     429,000      309,000  (9%)   36%  1,197,000    908,000    32%
De Beers
Consolidated  1,247,000        964,000   674,000     913,000    1,732,000   29% (28%)  2,885,000  4,530,000  (36%)
Mines
De Beers        324,000        472,000   267,000     506,000      337,000 (31%)  (4%)  1,063,000  1,154,000   (8%)
Canada
Total
diamonds      6,375,000      7,241,000 6,208,000   6,491,000    9,305,000 (12%) (31%) 19,824,000 24,839,000  (20%)
production















                                                                   % Change                        %
                                                                                                 Change
                                                                    Q3   Q3                       YTD
                                                                   2012 2012                      2012
                                                                                                  vs.
              Q3 2012     Q2 2012     Q1 2012   Q4 2011   Q3 2011  vs.  vs.  YTD 2012  YTD 2011
                                                                                                  YTD
                                                                    Q2   Q3                       2011
                                                                   2012 2011
Other Mining and Industrial segment
(tonnes) ^(13)
Phosphates
Copebrás       292,300       271,500   246,900   274,900   284,500   8%   3%   810,700   786,000     3%
Niobium
Catalão          1,100         1,200     1,100     1,000     1,100 (8%)    -     3,400     2,900    17%
Amapá ^(14)                   
Sinter feed    519,300 536,700   508,000   404,900   354,500 (3%)  46% 1,564,000   996,100    57%
Pellet feed    607,800       514,800   560,300   495,300   514,000  18%  18% 1,682,900 1,453,000    16%
Spiral         407,200       416,500   503,700   366,900   360,900 (2%)  13% 1,327,400 1,105,300    20%
concentrates
Total Amapá  1,534,300     1,468,000 1,572,000 1,267,100 1,229,400   5%  25% 4,574,300 3.554.400    29%
production
Amapá sales  1,422,700     1,278,800 1,443,500 1,374,000 1,452,000  11% (2%) 4,145,000 3,425,400    21%
volumes











(1) Saleable production

(2) Production includes medium carbon ferro-manganese

(3) Includes Peace River Coal, which was reclassified from  Other 
Mining and Industrial  to Metallurgical Coal  in 2011 to  align with  internal 
management reporting.  Comparatives  have  been  reclassified  to  align  with 
current presentation

(4) Within export coking and export PCI coals there are different
grades of coal with different weighted average prices compared to benchmark

(5) Includes both hard coking coal and PCI product sales volumes

(6) Includes capitalised Zibulo  sales of 1,580,700 (export)  and 
632,200 (domestic) tonnes  for the  nine months  ended 30  September 2012  (Q3 
2011: 701,700 (export) and 276,400 (domestic) tonnes)

(7) Excludes Platinum copper production

(8) Anglo American  share of  attributable production  is 44%  of 
total production

(9) Anglo American previously held 74.5% of AA Sur but, as of  24 
August 2012, now holds 50.06%.Production is stated at 100% as Anglo  American 
continues to consolidate AA Sur

(10) Difference between  total copper  production and  attributable 
copper production is Anglo American's 44% interest in Collahuasi

(11) Excludes Anglo American Platinum's nickel production

(12) On 16 August 2012 Anglo American completed its acquisition  of 
an additional  40% interest  in  De Beers  increasing Anglo  American's  total 
shareholding to  85%.  Production data  is  disclosed on  a  100%  basis.Post 
completion of the acquisition, De Beers Consolidated Mines and De Beers Canada
are fully consolidated subsidiaries and Debswana and Namdeb are joint ventures
proportionately  consolidated   at  19.2%   (post  implied   taxes)  and   50% 
respectively.The Diamond  Trading  Company  and Diamdel  sell  a  significant 
portion of  total production  on  behalf of  operations based  on  contractual 
agreements in place

(13) Excludes Tarmac and Scaw Metals

(14) Amapá was reclassified  from Iron Ore  Brazil to Other  Mining 
and Industrial  in  H1  2012  to align  with  internal  management  reporting. 
Comparatives have been reclassified to align with current presentation







Note:



Production figures are sometimes more  precise than the rounded numbers  shown 
in this report. The percentage change will reflect the percentage change using
the unrounded production figures shown in this report.







Forward-looking statements:



This contains  certain  forward  looking statements  which  involve  risk  and 
uncertainty because they  relate to  events and depend  on circumstances  that 
occur in the future.  There are a  number of factors  that could cause  actual 
results or developments to differ  materially from those expressed or  implied 
by these forward looking statements.





For further information, please contact:



Media                     Investors

                           
UK                        UK

James Wyatt-Tilby          Leng Lau

Tel: +44 (0)20 7968 8759   Tel: +44 (0)20 7968 8540

                           
                         Caroline Crampton

                           Tel: +44 (0)20 7968 2192

                           
                         Sarah McNally

                           Tel: +44 (0)20 7968 8747





Notes to editors:

Anglo  American  is  one   of  the  world's   largest  mining  companies,   is 
headquartered in  the UK  and  listed on  the  London and  Johannesburg  stock 
exchanges.  Anglo  American's  portfolio  of  mining  businesses  spans   bulk 
commodities - iron  ore and  manganese, metallurgical coal  and thermal  coal; 
base metals - copper and nickel; and  precious metals and minerals - in  which 
it is  a global  leader in  both  platinum and  diamonds. Anglo  American  is 
committed to the highest standards of safety and responsibility across all its
businesses and  geographies and  to  making a  sustainable difference  in  the 
development of the  communities around  its operations.  The company's  mining 
operations, extensive pipeline of  growth projects and exploration  activities 
span southern  Africa,  South  America, Australia,  North  America,  Asia  and 
Europe. www.angloamerican.com







                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


IMSFEFEFLFESEFS -0- Oct/25/2012 06:00 GMT
 
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