|
Anglo American PLC - miner of diamonds, platinum, copper, iron ore and other commodities - Achieves first production of copper concentrate from its Quellaveco project in Peru. Says this is a ‘major’ milestone, marking the beginning of testing the processing plant with ore and ramping up mining activities. Needs final regulatory clearance before commercial operations can start.
‘First copper production at Quellaveco is a key milestone in our delivery of this world-class asset, on time and on budget. The fact that we are today producing copper less than four years after project approval, including through two years of considerable pandemic-related disruption, is testament to the strength of our commitment to our workforce, local communities, the Moquegua region and government stakeholders in Peru,’ says Tom McCulley, who has led Anglo American's development of Quellaveco.
Current stock price in London: 2,659.50 pence
12-month change: down 10%
Current stock price in Johannesburg: R 548.11
12-month change: down 7.8%
Copyright 2022 Alliance News Limited. All Rights Reserved.
|
