REG - Anglo American PLC - Anglo American Q2 Production Report <Origin Href="QuoteRef">AAL.L</Origin> - Part 2

Anglo AmericanAnnouncement

20/07/2016 07:05

- Part 2: For the preceding part double click  ID:nRST6601Ea 

706,000     16%                 
 New Vaal                   4,027,700   3,521,800   2,811,500   3,576,700   4,211,200   14%                (4)%               7,549,500   7,759,800   (3)%                
 New Denmark                392,600     604,300     643,000     881,600     441,100     (35)%              (11)%              996,900     1,313,700   (24)%               
 Kriel                      1,503,300   1,339,800   1,185,900   1,613,000   1,546,000   12%                (3)%               2,843,200   3,359,300   (15)%               
 Isibonelo                  1,081,800   1,159,600   1,222,400   1,096,100   997,500     (7)%               8%                 2,241,400   2,213,300   1%                  
                            13,188,800  12,171,800  11,233,000  13,380,600  12,660,700  8%                 4%                 25,360,700  25,655,100  (1)%                
 Colombia                                                                                                                                                                 
 Carbones del Cerrejón      2,329,500   2,610,000   2,628,100   2,526,800   2,944,400   (11)%              (21)%              4,939,500   5,919,400   (17)%               
 Total Coal production      23,825,300  21,866,700  22,478,500  24,549,800  23,806,700  9%                 0%                 45,692,100  47,854,900  (5)%                
 
 
(1)         Number of Sights (sales cycles) in each quarter as follows: Q2
2016: 3; Q1 2016: 2; Q4 2015: 3; Q3 2015: 2; Q2 2015: 2; Q1 2015: 3 
 
(2)         Copper and nickel refined through third parties is now shown as
production of copper matte and nickel matte 
 
(3)         Includes third party purchases and Twickenham 
 
(4)         4E: the grade measured as the combined content of the four most
valuable precious metals: platinum, palladium, rhodium and gold 
 
(5)         Excludes Anglo American Platinum's copper production 
 
(6)         ASCu = acid soluble copper 
 
(7)         TCu = total copper 
 
(8)         Anglo American's share of Collahuasi production is 44% 
 
(9)         Anglo American ownership interest of Anglo American Sur is 50.1%.
Production is stated at 100% as Anglo American consolidates Anglo American
Sur 
 
(10)       Difference between total copper production and attributable copper
production arises from Anglo American's 44% interest in Collahuasi 
 
(11)       Relates to sales of copper not produce by Anglo American
operations 
 
(12)       Excludes Anglo American Platinum's nickel production 
 
(13)       Saleable production 
 
(14)       Production includes medium carbon ferro-manganese 
 
(15)       Includes both hard coking coal and PCI sales volumes 
 
ACHIEVED PRICES SUMMARY 
 
 Average achieved prices                              H1 2016  H2 2015  H1 2015  FY 2015  H1 2016   H1 2016   
                                                                                          vs.       vs.       
                                                                                          H2 2015   H1 2015   
 De Beers                                                                                                     
 Total sales volumes - carats (100%) (Mct)            18.3     6.6      14.0     20.6     177%      31%       
 Total consolidated sales volumes - carats (Mct)      17.2     6.6      13.3     19.9     161%      29%       
 Consolidated average realised       price ($/ct)(1)  177      209      206      207      (15)%     (14)%     
 De Beers index price (2)                             117      127      139      135      (8)%      (16)%     
 PGMs                                                                                                         
 Platinum (US$/oz)                                    971      955      1,160    1,051    2%        (16)%     
 Palladium (US$/oz)                                   551      631      779      703      (13)%     (29)%     
 Rhodium (US$/oz)                                     679      786      1,133    958      (14)%     (40)%     
 Basket price (US$/oz)                                1,632    1,682    2,157    1,905    (3)%      (24)%     
 Basket price (ZAR/oz)                                25,100   22,837   25,748   24,203   10%       (3)%      
 Copper (USc/lb)                                      215      203      253      228      6%        (15)%     
 Nickel (USc/lb)                                      387      415      578      498      (7)%      (33)%     
 Iron Ore - FOB prices                                                                                        
 Kumba Export (US$/dmt)(3)                            55       46       61       54       20%       (10)%     
 Minas-Rio (US$/wmt)(4)                               44       37       50       41       19%       (12)%     
 Coal                                                                                                         
 Australia and Canada                                                                                         
 Metallurgical - Export (U$/t)(5)                     77       81       100      90       (5)%      (23)%     
 Thermal - Export (U$/t)                              47       50       61       55       (6)%      (23)%     
 Thermal - Domestic (U$/t, FOR)                       24       28       29       28       (14)%     (17)%     
 South Africa                                                                                                 
 Thermal - Export (U$/t)(6)                           50       51       60       55       (2)%      (17)%     
 Thermal - Domestic (U$/t, FOR)                       16       20       18       19       (20)%     (11)%     
 Colombia                                                                                                     
 Thermal - Export (U$/t)                              47       52       58       55       (10)%     (19)%     
 
 
(1)       Pricing for the mining business units based on 100% selling value
post-aggregation. 
 
(2)       Average of the De Beers index price for the Sights within the six
month period. De Beers index price relative to 100 as at December 2006. 
 
(3)       Average realised export basket price (FOB Saldanha). 
 
(4)       Average realised export basket price (FOB Açu) (wet basis). 
 
(5)       Weighted average metallurgical coal sales price achieved. 
 
(6)       Weighted average export thermal coal price achieved. 
 
Note: 
 
Production figures are sometimes more precise than the rounded numbers shown
in the commentary of this report. The percentage change will reflect the
percentage change using the production figures shown in the Production Summary
of 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                                                                                                                            
 UKJames Wyatt-Tilbyjames.wyatt-tilby@angloamerican.comTel: +44 (0)20 7968 8759 Marcelo Esquivelmarcelo.esquivel@angloamerican.comTel: +44 (0)20 7968 8891      UKPaul Gallowaypaul.galloway@angloamerican.comTel: +44 (0)20 7968 8718 Ed Kiteedward.kite@angloamerican.comTel: +44 (0)20 7968 2178  
 South AfricaPranill Ramchanderpranill.ramchander@angloamerican.comTel: +27 (0)11 638 2592 Ann Farndellann.farndell@angloamerican.comTel: +27 (0)11 638 2786    Sheena Jethwasheena.jethwa@angloamerican.comTel: +44 (0)20 7968 8680                                                                 
                                                                                                                                                                                                                                                                                                     
 
 
Notes to editors: 
 
Anglo American is a globally diversified mining business. Our portfolio of
world-class competitive mining operations and undeveloped resources provides
the raw materials to meet the growing consumer-driven demands of the world's
developed and maturing economies. Our people are at the heart of our business.
It is our people who use the latest technologies to find new resources, plan
and build our mines and who mine, process and move and market our products -
from diamonds (through De Beers) to platinum and other precious metals and
copper - to our customers around the world. 
 
As a responsible miner, we are the custodians of those precious resources. We
work together with our key partners and stakeholders to unlock the long-term
value that those resources represent for our shareholders, but also for the
communities and countries in which we operate - creating sustainable value and
making a real difference. 
 
www.angloamerican.com 
 
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