Anglo American reports 3Q15 coal production

Anglo American reports metallurgical coal and thermal coal production for its coal mines for 3Q15.

In Australia and Canada, export metallurgical coal production increased by 8% to 5.5 million t. This is reported to be a result of record production from Capcoal’s underground Grasstree operation and development coal delivered from Grosvenor, which the company believes more than offset the effect of Peace River coal being placed on care and maintenance in 3Q14 and an extended longwall move at Moranbah in 3Q14 to rectify equipment design issues.

Australian export thermal coal production decreased by 13% to 1.4 million t due to lower production from Drayton as the mine nears the end of its life.

Export thermal coal production reduced by 2% to 4.9 million t in South Africa. Lower production at Mafube, as the operation transitioned into new reserves, and the planned closure of one section at Goedehoep was partly offset by productivity improvements across all operations, notably at Zibulo (+10%) and Greenside (+6%).

Eskom production saw a decline of 15% to 6.8 million t, which was reported to be predominantly due to reduced demand from Eskom.

Domestic thermal (non-Eskom) production saw a reduction of 7% to 1.7 million t – a result of a safety related stoppage at Isibonelo.

In Colombia, Cerrejón’s production increased by 7% to 2.5 million t because of improved productivity and heavy rain in the comparable period in 3Q14.

The company’s full year production guidance stays unchanged at 20 to 21 million t for export metallurgical coal and 28 to 30 million t for export thermal coal from South Africa and Colombia.

Edited from press release by Harleigh Hobbs

Read the article online at: https://www.worldcoal.com/coal/22102015/anglo-american-reports-3q15-coal-production-3048/