Wrap Text
Production Report for the second quarter ended 30 June 2013
Anglo American plc (“the Company”)
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820
Anglo American plc
Production Report for the second quarter ended 30 June 2013
Overview
- Kumba Iron Ore production decreased marginally by 1% to 11.3 Mt as weaker
production at Sishen, following the recovery from the strike in H2 2012, was offset
by a strong performance at Kolomela
- Export metallurgical coal production decreased by 9% to 4.4 Mt due to strategic
production cuts executed in 2012 in anticipation of weakening market conditions, a
planned longwall move at Moranbah and the recovery following adverse weather
conditions
- Export thermal coal production from South Africa decreased by 5% to 4.0 Mt.
Cerrejón production decreased marginally to 3.0 Mt following the strong recovery
after the strike in Q1 2013
- Copper production(1) increased 14% to 182,900 tonnes, with 13% higher production
at Los Bronces and a 25% increase at Collahuasi
- Nickel production(2) decreased by 22% to 8,500 tonnes due to the permanent
cessation of production at Loma de Níquel, partially offset by higher production at
Barro Alto
- Platinum equivalent refined production increased by 2% to 594,000 ounces despite
intermittent illegal industrial action
- Diamond production increased by 10% to 7.9 million carats due to favourable ore
grades at Orapa and Jwaneng, offset by lower production from Venetia following
flooding in January 2013
- Phosphates production increased by 15% to 312,300 tonnes due to performance
improvement and increased plant availability
- Niobium production decreased by 8% to 1,100 tonnes reflecting expected declining
ore grade, partially offset by operational improvements
This Production Report for the second quarter ended 30 June 2013 is unaudited.
Interim Results for the six months to 30 June 2013 will be announced on 26 July 2013,
07:00 BST.
(1) Copper production from the Copper business unit
(2) Nickel production from the Nickel business unit
IRON ORE AND MANGANESE
Q2 2013 Q2 2013 H1 2013
Q2 Q2 Q1 H1 H1
Iron Ore and Manganese vs. vs. vs.
2013 2012 2013 2013 2012
Q2 2012 Q1 2013 H1 2012
Iron ore 000 t 11,278 11,449 (1)% 10,335 9% 21,613 21,556 -
Manganese ore 000 t 864 826 5% 803 8% 1,667 1,643 2%
Manganese alloy 000 t 73 30 141% 57 26% 130 85 53%
Iron Ore – Production from Kumba Iron Ore decreased marginally by 1% to 11.3 Mt, as weaker
production at Sishen was offset by a strong performance at Kolomela. Production at Sishen mine
suffered from low supply of higher grade material as the mine continued to recover from stock
drawdowns during the unprotected strike in Q4 2012. Production volumes at Kolomela, which
successfully ramped up in 2012, increased by 49% to 2.6 Mt, reflecting 3 months of full
production during the quarter.
Export sales volumes decreased by 4% to 10.2 Mt, due to lower stockpiles and production as
Sishen continues to recover from the unprotected strike in Q4 2012. Finished product stockpile
levels amounted to 3.3 Mt, a decrease of 11% compared to Q2 2012.
Manganese Ore – Production increased by 5% to 0.9 Mt, a quarterly record benefitting from
improved plant availability at GEMCO in Australia.
Manganese Alloy – Production increased by 141% to 73,000 tonnes due the temporary
cessation of production at TEMCO in Q2 2012.
METALLURGICAL COAL
Q2 2013 Q2 2013 H1 2013
Q2 Q2 Q1 H1 H1
Metallurgical Coal vs. vs. vs.
2013 2012 2013 2013 2012
Q2 2012 Q1 2013 H1 2012
Metallurgical – Export 000 t 4,396 4,846 (9)% 4,615 (5)% 9,010 8,589 5%
Thermal – Export 000 t 1,513 1,499 1% 1,494 1% 3,007 2,683 12%
Thermal – Domestic 000 t 1,725 1,787 (3)% 1,073 61% 2,798 3,174 (12)%
Metallurgical Coal – Export metallurgical coal production decreased by 9% to 4.4 Mt due to
strategic production cuts executed in 2012 in anticipation of weakening market conditions, a
planned longwall move at Moranbah and recovery at Dawson following adverse weather
conditions in Q1 2013. This was partially offset by improved longwall cutting hours at Moranbah.
The strategic production focus and Moranbah’s improvement had a favourable impact on the
product mix, with hard coking coal (HCC) to pulverised coal injection (PCI) increasing by 8% in
H1 2013 compared to H1 2012.
Aquila, a bord and pillar operation producing around 0.5 Mtpa of hard coking coal, will be placed
under care and maintenance from 30 July 2013, as a result of weaker prices.
Export thermal coal production was in line at 1.5 Mt.
2
THERMAL COAL
Q2 2013 Q2 2013 H1 2013
Q2 Q2 Q1 H1 H1
Thermal Coal vs. vs. vs.
2013 2012 2013 2013 2012
Q2 2012 Q1 2013 H1 2012
South Africa
Thermal – Export 000 t 4,015 4,224 (5)% 3,909 3% 7,924 7,918 -
Thermal – Domestic
(Eskom) 000 t 8,767 8,326 5% 8,130 8% 16,896 16,089 5%
Thermal – Domestic
(Non-Eskom) 000 t 1,574 1,577 1% 1,519 4% 3,093 3,094 -
Colombia
Thermal – Export 000 t 3,014 3,105 (3)% 1,512 99% 4,526 6,058 (25)%
Thermal Coal – Export thermal coal production in South Africa decreased by 5% to 4.0 Mt
primarily due to mining through poorer than planned geology at Goedehoop.
Domestic thermal coal production for Eskom increased by 5% to 8.8 Mt, owing to improved
machine availability and higher longwall production at New Denmark.
Cerrejón recovered strongly following the strike in Q1 2013, with production only marginally lower
than Q2 2012’s record production.
COPPER
Q2 2013 Q2 2013 H1 2013
Q2 Q2 Q1 H1 H1
Copper vs. vs. vs.
2013 2012 2013 2013 2012
Q2 2012 Q1 2013 H1 2012
Copper t 182,900 161,100 14% 170,400 7% 353,300 329,500 7%
Copper – Production increased by 14% to 182,900 tonnes in line with expectations, due to
higher production across all businesses except Mantoverde. Production guidance for 2013 is
maintained at 680,000 tonnes, against a backdrop of continued caution around the operating
performance recovery and stability, particularly at Collahuasi.
Production from Los Bronces increased by 13% to 101,700 tonnes with a strong performance at
the new Confluencia plant. Los Bronces’ mine development is progressing, with mine congestion
and continuity of ore feed to the two processing plants continuing to improve. The increased mill
throughput, however, was partially offset by lower ore grades.
Production from Collahuasi increased by 25% to 37,700 tonnes due to a return to higher ore
grades and recoveries despite a planned 49 day shutdown of SAG Mill 3 for a stator motor
replacement and repowering which was successfully completed in May 2013. Following re-
commissioning of the mill, Collahuasi’s mill throughput has improved in line with expectations.
Production at El Soldado increased by 9% to 13,900 tonnes as a result of higher grades. Mantos
Blancos production increased 14% to 15,200 tonnes due to increased cathode production from
dump leaching.
A negative provisional pricing adjustment of $189 million was recorded in H1 2013 compared to a
positive price adjustment of $20 million in H1 2012, resulting in a realised price of 318 c/lb for H1
2013 versus 370 c/lb for H1 2012.
3
NICKEL
Q2 2013 Q2 2013 H1 2013
Q2 Q2 Q1 H1 H1
Nickel vs. vs. vs.
2013 2012 2013 2013 2012
Q2 2012 Q1 2013 H1 2012
Nickel t 8,500 10,900 (22)% 6,200 37% 14,700 22,900 (36)%
Nickel – Production decreased by 22% to 8,500 tonnes, driven by the permanent cessation of
production at Loma de Níquel in Venezuela in November 2012. Loma de Níquel produced 3,000
tonnes in Q2 2012. This was partially offset by higher production at Barro Alto, which increased
by 13% to 6,100 tonnes. Production at Barro Alto continues to ramp-up, but was affected by a
number of stoppages during the quarter. It is expected that Barro Alto will produce approximately
20,000 – 25,000 tonnes in 2013.
PLATINUM
Q2 2013 Q2 2013 H1 2013
Q2 Q2 Q1 H1 H1
Platinum vs. vs. vs.
2013 2012 2013 2013 2012
Q2 2012 Q1 2013 H1 2012
Refined
Platinum 000 oz 582 623 (7)% 439 32% 1,021 1,026 -
Palladium 000 oz 320 356 (10)% 264 21% 583 591 (1)%
Rhodium 000 oz 70 75 (7)% 57 24% 126 129 (2)%
(1)
Copper - Refined t 1,900 3,300 (42)% 2,000 (5)% 3,900 6,200 (37)%
Copper(1) - Matte t 4,100 - - - - 4,100 - -
Nickel(1) - Refined t 3,400 5,400 (37)% 3,300 3% 6,700 10,100 (34)%
Nickel(1) - Matte t 5,400 - - - - 5,400 - -
Gold 000 oz 16 24 (32)% 23 (30)% 40 48 (18)%
Equivalent
Platinum 000 oz 594 584 2% 583 2% 1,177 1,177 -
(1) Nickel and copper refined through third parties is now shown as production of nickel matte and copper matte. Nickel and copper matte, per the table,
reflects matte sold to a third party in Q2 2013 from 2012 and 2013 production stockpile. Nickel matte production in 2012: 3.2 Kt; H1 2013: 2.2 Kt. Copper
matte production 2012: 2.4 Kt; H1 2013: 1.7 Kt
Platinum – Equivalent refined platinum production increased by 2% to 594 koz, with own
operations contributing 397 koz. Underground mining performance was impacted by illegal
industrial actions, a national bus driver strike which impacted employees’ ability to commute to
work and labour shortages. This was exacerbated by the lack of flexibility, in the current labour
environment, to redeploy employees to operations where there is a skills shortage. Equivalent
refined platinum production from joint ventures and associates, inclusive of both mined and
purchased production, increased by 2% to 182 koz. Equivalent refined platinum production in the
Q2 2012 included 11 koz from non-managed Marikana joint venture which was placed on care
and maintenance in June 2012. On a comparative basis, excluding non-managed Marikana joint
venture, operating mines improved production by 14 koz or 8%. Equivalent refined platinum
ounces purchased from third parties increased from 15 koz to 16 koz.
Refined platinum production decreased by 7% to 582 koz due to three separate production
incidents at the converting plant in April 2013 which resulted in lower output into the refinery. The
incidents were resolved and the converting plant operated at a steady state level by the end of
the quarter.
Palladium, Rhodium and Nickel – Refined production of palladium and rhodium decreased by
10% and 7% respectively. Palladium and rhodium variances are a result of a different source mix
from operations and different pipeline processing times for each metal. Nickel production
continued to be affected by technical challenges in the new nickel tank house, however,
production improved in the quarter as the company sold nickel matte to a third party. Anglo
American Platinum sold 5,400 tonnes of nickel matte and 4,100 tonnes of copper matte to a third
party during Q2 2013.
4
DIAMONDS
Q2 2013 Q2 2013 H1 2013
Q2 Q2 Q1 H1 H1
Diamonds vs. vs. vs.
2013 2012 2013 2013 2012
Q2 2012 Q1 2013 H1 2012
Diamonds 000 carats 7,931 7,241 10% 6,364 25% 14,295 13,449 6%
Diamonds – Production increased by 10% to 7.9 million carats, largely reflecting improved
grades at Orapa and Jwaneng, offset by lower recoveries at Venetia following flooding in January
2013. Production at Venetia decreased by 60%, with shortfalls mitigated through the processing
of ore stockpiles. Restoration of full operations is expected during H2 2013.
Production at Jwaneng in Botswana continues to recover from the impact of the slope failure
incident in June 2012, which is expected to be fully resolved during Q3 2013.
OTHER MINING AND INDUSTRIAL
Q2 2013 Q2 2013 H1 2013
Q2 Q2 Q1 H1 H1
Other Mining and Industrial vs. vs. vs.
2013 2012 2013 2013 2012
Q2 2012 Q1 2013 H1 2012
Phosphates t 312,300 271,500 15% 284,400 10% 596,700 518,400 15%
Niobium t 1,100 1,200 (8)% 1,100 - 2,200 2,300 (4)%
Phosphates – Production increased by 15% to 312,300 tonnes due to improved performance
following optimised maintenance scheduling, increased plant availability and enhanced
performance at the acidulation plant and granulation plants.
Niobium – Production decreased by 8% to 1,100 tonnes, with declining ore quality, as expected,
partially offset by improvements to throughput and recoveries.
EXPLORATION AND EVALUATION
Exploration and Evaluation expenditure for Q2 2013 totalled $132 million, a decrease of 24%.
Exploration expenditure in Q2 2013 was $45 million, an increase of $5m, driven by the inclusion
of De Beers partially offset by a reduction in central exploration expenses.
Evaluation expenditure for the quarter was $87 million, a decrease of 35%. Evaluation
expenditure is mainly focused on iron ore, metallurgical coal, copper and diamonds.
5
PRODUCTION SUMMARY
The figures below include the entire output of consolidated entities and the Group’s attributable
share of joint ventures, joint arrangements and associates where applicable, except for De Beers’
joint ventures which are quoted on a 100% basis.
% Change % Change
Q2 2013 Q2 2013 H1 2013
H1 H1
Q2 2013 Q1 2013 Q4 2012 Q3 2012 Q2 2012 vs. vs. vs.
2013 2012
Q1 2013 Q2 2012 H1 2012
Iron Ore & Manganese segment
(tonnes)
Kumba Iron Ore
Lump 6,866,400 6,190,300 5,551,000 7,689,900 7,045,500 11% (3)% 13,056,700 13,339,600 (2)%
Fines 4,411,400 4,144,700 3,461,500 4,807,000 4,403,700 6% - 8,556,100 8,216,100 4%
Total Kumba production 11,277,800 10,335,000 9,012,500 12,496,900 11,449,200 9% (1)% 21,612,800 21,555,700 -
Kumba sales volumes
RSA export iron ore 10,178,300 9,945,100 8,979,600 9,958,600 10,597,600 2% (4)% 20,123,400 20,718,800 (3)%
RSA domestic iron ore 1,132,500 882,000 833,100 1,162,400 1,368,000 28% (17)% 2,014,500 2,687,500 (25)%
Samancor
Manganese ore (1) 864,200 803,400 846,800 858,400 826,400 8% 5% 1,667,600 1,642,600 2%
Manganese alloys (1) (2) 72,800 57,300 61,200 52,000 30,200 27% 141% 131,000 85,200 53%
Samancor sales volumes
Manganese ore 793,800 864,300 714,800 820,000 883,200 (8)% (10)% 1,658,100 1,677,600 (1)%
Manganese alloys 68,400 63,100 65,600 48,000 50,800 8% 35% 131,500 122,000 8%
Metallurgical Coal segment
(tonnes)
Metallurgical - Export coking coal 3,111,900 3,324,800 3,387,000 3,095,300 3,234,300 (6)% (4)% 6,436,700 5,379,300 20%
Metallurgical - Export PCI 1,283,800 1,289,800 1,193,000 1,400,400 1,611,300 - (20)% 2,573,600 3,209,300 (20)%
Total Metallurgical – Export 4,395,700 4,614,600 4,580,000 4,495,700 4,845,600 (5)% (9)% 9,010,300 8,588,600 5%
Thermal 3,238,400 2,566,800 3,714,700 3,398,900 3,286,300 26% (1)% 5,805,200 5,856,900 (1)%
Weighted average achieved FOB
prices (US$/t)
Metallurgical – Export (3) 153 148 146 188 192 3% (20)% 151 191 (21)%
Thermal – Export 84 90 83 96 94 (7)% (11)% 87 103 (16)%
Thermal – Domestic 40 37 37 36 35 8% 14% 39 37 5%
Sales volumes
Metallurgical - Export (4) 4,667,100 4,336,200 4,714,000 4,096,800 4,651,500 8% - 9,003,300 8,602,200 5%
Thermal – Export 1,505,300 1,506,600 1,518,800 1,776,300 1,525,400 - (1)% 3,011,900 2,747,500 10%
Thermal – Domestic 1,700,000 1,109,100 1,920,800 1,817,500 1,698,300 53% - 2,809,100 3,182,600 (12)%
Production by region:
Australia
Metallurgical – Export 3,947,200 4,151,100 4,213,700 4,072,700 4,490,900 (5)% (12)% 8,098,300 8,001,000 1%
Thermal 3,238,400 2,566,800 3,714,700 3,398,900 3,286,300 26% (1)% 5,805,200 5,856,900 (1)%
Total Australia 7,185,600 6,717,900 7,928,400 7,471,600 7,777,200 7% (8)% 13,903,500 13,857,900 -
Canada
Metallurgical – Export 448,500 463,500 366,300 423,000 354,700 (3)% 26% 912,000 587,600 55%
6
% Change % Change
Q2 2013 Q2 2013 H1 2013
H1 H1
Q2 2013 Q1 2013 Q4 2012 Q3 2012 Q2 2012 vs. vs. vs.
2013 2012
Q1 2013 Q2 2012 H1 2012
Thermal Coal segment (tonnes)
South Africa
Thermal - Export 4,015,200 3,909,200 4,659,100 4,555,300 4,223,500 3% (5)% 7,924,400 7,917,700 -
Thermal - Domestic (Eskom) 8,766,600 8,129,800 8,560,600 9,056,900 8,326,200 8% 5% 16,896,400 16,088,900 5%
Thermal - Domestic (Non-Eskom) 1,573,800 1,518,800 1,594,500 1,530,500 1,560,900 4% 1% 3,092,600 3,094,100 -
Metallurgical - Domestic - - - - 15,700 - (100)% - 74,100 (100)%
Colombia
Thermal - Export 3,014,300 1,512,000 2,661,700 2,829,400 3,104,700 99% (3)% 4,526,300 6,057,700 (25)%
Weighted average achieved FOB
prices (US$/t)
South Africa
Thermal - Export 76 83 84 87 93 (8)% (18)% 80 99 (19)%
Thermal - Domestic 19 20 21 20 21 (5)% (10)% 20 21 (5)%
Colombia
Thermal - Export 75 77 84 86 90 (3)% (17)% 76 92 (17)%
Sales volumes
South Africa
Thermal - Export 4,049,100 3,914,900 4,511,000 4,400,800 3,720,100 3% 9% 7,964,000 7,917,700 1%
Thermal - Domestic 10,243,400 9,565,800 10,192,500 10,468,500 9,909,500 7% 3% 19,809,200 19,357,000 2%
Colombia
Thermal - Export 3,157,100 1,773,500 2,701,700 2,630,300 2,959,600 78% 7% 4,930,600 5,593,600 (12)%
Production by region:
South Africa
Thermal - Export 4,015,200 3,909,200 4,659,100 4,555,300 4,223,500 3% (5)% 7,924,400 7,917,700 -
Thermal – Domestic (Eskom) 8,766,600 8,129,800 8,560,600 9,056,900 8,326,200 8% 5% 16,896,400 16,088,900 5%
Thermal – Domestic (Non-Eskom) 1,573,800 1,518,800 1,594,500 1,530,500 1,560,900 4% 1% 3,092,600 3,094,100 -
Metallurgical - Domestic - - - - 15,700 - (100)% - 74,100 (100)%
Total South Africa 14,355,600 13,557,800 14,814,200 15,142,700 14,126,300 6% 2% 27,913,400 27,174,800 3%
Colombia
Thermal - Export 3,014,300 1,512,000 2,661,700 2,829,400 3,104,700 99% (3)% 4,526,300 6,057,700 (25)%
7
% Change % Change
Q2 2013 Q2 2013 H1 2013
H1 H1
Q2 2013 Q1 2013 Q4 2012 Q3 2012 Q2 2012 vs. vs. vs.
2013 2012
Q1 2013 Q2 2012 H1 2012
Copper segment (tonnes) (5)
Collahuasi total production 85,800 66,900 73,800 62,900 68,700 28% 25% 152,700 145,400 5%
Collahuasi attributable production (6) 37,700 29,400 32,500 27,700 30,200 28% 25% 67,100 63,900 5%
(7)
Avg sulphide grade (%TCu) 1.00 0.75 0.74 0.70 0.79 33% 27% 0.88 0.79 11%
Los Bronces mine (8) 101,700 98,300 95,100 87,200 89,800 3% 13% 200,000 183,000 9%
Avg sulphide grade LB (%TCu) 0.82 0.80 0.85 0.79 0.86 2% (5)% 0.81 0.87 (7)%
Avg sulphide grade LBDP (%TCu) 0.80 0.79 0.83 0.79 0.83 1% (4)% 0.80 0.86 (7)%
El Soldado mine (8) 13,900 15,600 15,200 12,500 12,700 (11)% 9% 29,500 26,100 13%
Avg sulphide grade (% TCu) 0.91 1.03 0.94 0.72 0.78 (12)% 17% 0.97 0.84 15%
Mantos Blancos mine 15,200 12,400 13,900 14,100 13,300 23% 14% 27,600 26,200 5%
Avg sulphide grade (% ICu) (9) 0.69 0.54 0.59 0.71 0.69 28% - 0.61 0.63 (3)%
Mantoverde mine 14,400 14,700 16,200 15,800 15,100 (2)% (5)% 29,100 30,300 (4)%
Avg oxide grade (% ASCu) (10) 0.58 0.61 0.63 0.65 0.68 (5)% (15)% 0.60 0.63 (5)%
Total copper production 231,000 207,900 214,200 192,500 199,600 11% 16% 438,900 411,000 7%
Attributable copper production (11) 182,900 170,400 172,900 157,300 161,100 7% 14% 353,300 329,500 7%
Attributable sales volumes 176,700 160,300 177,900 150,200 160,200 10% 10% 337,000 315,400 7%
Nickel segment (tonnes) (12)
Barro Alto 6,100 4,100 4,900 4,700 5,400 49% 13% 10,200 12,000 (15)%
Loma de Niquel - - - 1,800 3,000 - (100)% – 6,300 (100)%
Codemin 2,400 2,100 2,500 2,500 2,500 14% (4)% 4,500 4,600 (2)%
Total nickel production 8,500 6,200 7,400 9,000 10,900 37% (22)% 14,700 22,900 (36)%
Sales volumes 6,300 7,100 9,000 7,600 12,600 (11)% (50)% 13,400 23,400 (43)%
Platinum segment
Refined production
Platinum (troy oz) 581,800 439,200 703,800 649,000 623,000 32% (7)% 1,021,000 1,025,800 -
Palladium (troy oz) 319,700 263,600 413,300 392,100 355,500 21% (10)% 583,300 590,500 (1)%
Rhodium (troy oz) 69,800 56,500 91,200 90,500 75,100 24% (7)% 126,300 129,000 (2)%
(13)
Copper refined (tonnes) 1,900 2,000 2,500 2,700 3,300 (5)% (42)% 3,900 6,200 (37)%
Copper matte (tonnes) (13) 4,100 - - - - - - 4,100 - -
Nickel refined (tonnes) (13) 3,400 3,300 3,900 3,700 5,400 3% (37)% 6,700 10,100 (34)%
Nickel matte (tonnes) (13) 5,400 - - - - - - 5,400 - -
Gold (troy oz) 16,300 23,300 18,600 38,500 24,100 (30)% (32)% 39,600 48,100 (18)%
Equivalent refined
Platinum (troy oz) 594,000 583,000 416,000 626,300 583,600 2% 2% 1,177,000 1,176,800 -
4E built-up head grade (g/tonne milled 3.24 3.22 3.22 3.32 3.09 1% 5% 3.25 3.15 3%
Diamonds segment
(diamonds recovered – carats) (14)
Debswana 6,369,000 4,535,000 5,537,000 4,385,000 5,345,000 40% 19% 10,904,000 10,294,000 6%
Namdeb 423,000 429,000 470,000 419,000 460,000 (1)% (8)% 852,000 778,000 10%
De Beers Consolidated Mines 639,000 1,002,000 1,547,000 1,247,000 964,000 (36)% (34)% 1,641,000 1,638,000 -
De Beers Canada 500,000 398,000 497,000 324,000 472,000 26% 6% 898,000 739,000 22%
Total diamonds production 7,931,000 6,364,000 8,051,000 6,375,000 7,241,000 25% 10% 14,295,000 13,449,000 6%
8
% Change % Change
Q2 2013 Q2 2013 H1 2013
H1 H1
Q2 2013 Q1 2013 Q4 2012 Q3 2012 Q2 2012 vs. vs. vs.
2013 2012
Q1 2013 Q2 2012 H1 2012
Other Mining and Industrial
segment (tonnes) (15)
Phosphates 312,300 284,400 302,300 292,300 271,500 10% 15% 596,700 518,400 15%
Niobium 1,100 1,100 1,000 1,100 1,200 - (8)% 2,200 2,300 (4)%
(1) Saleable production
(2) Production includes medium carbon ferro-manganese
(3) Within export coking and export PCI coals there are different grades of coal with different weighted average prices compared to benchmark
(4) Includes both hard coking coal and PCI product sales volumes
(5) Excludes Anglo American Platinum’s copper production
(6) Anglo American share of attributable Collahuasi production is 44% of total production
(7) TCu = total copper
(8) Anglo American previously held 74.5% of AA Sur, as of 24 August 2012, holds 50.1%. Production is stated at 100% as Anglo American continues to
consolidate AA Sur
(9) ICu = insoluble copper (total copper less acid soluble copper)
(10) ASCu = acid soluble copper
(11) Difference between total copper production and attributable copper production is Anglo American’s 44% interest in Collahuasi
(12) Excludes Anglo American Platinum’s nickel production
(13) Nickel and copper refined through third parties is now shown as production of nickel matte and copper matte. Nickel and copper matte, per the table,
reflects matte sold to a third party in Q2 2013 from 2012 and 2013 production stockpile. Nickel matte production in 2012: 3.2 Kt; H1 2013: 2.2 Kt.
Copper matte production 2012: 2.4 Kt; H1 2013: 1.7 Kt
(14) Production data for De Beers is disclosed on a 100% basis
(15) Excludes Amapá, Tarmac and Scaw Metals
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
UK UK
James Wyatt-Tilby Leng Lau
Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968 8540
Emily Blyth Caroline Crampton
Tel: +44 (0)20 7968 8481 Tel: +44 (0)20 7968 2192
South Africa Sarah McNally
Pranill Ramchander Tel: +44 (0)20 7968 8747
Tel: +27 (0)11 638 2592
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
Sponsor: UBS South Africa (Pty) Ltd
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