ANGPY Anglo American Platinum Ltd (PK)

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

October 21, 2021 02:43 ET (06:43 GMT)

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