Anglo American Platinum Maintains 2017 Production Guidance
July 20 2017 - 3:12AM
Dow Jones News
By Razak Musah Baba
LONDON--Precious metals producer Anglo American Platinum Ltd.
(AMS.JO) Thursday maintained its 2017 guidance as it reported that
its total platinum production during the second quarter of the year
increased 5%.
The Johannesburg-listed miner said total platinum production
during the second quarter ended June 30, rose to 617,100 ounces
from a year earlier.
The company said sales volumes was down 26% to 600,500 ounces
during the period compared with a year earlier which had additional
sales of metal reflecting the recovery at the Precious Metals
Refinery after a planned stocktake and safety stoppage in the first
quarter of 2016.
Anglo American Platinum said its full-year production guidance
remains unchanged at 2.35 to 2.40 million platinum ounces.
Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
July 20, 2017 02:57 ET (06:57 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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