JOHANNESBURG - Anglo American Platinum said on Thursday output from its own managed mines decreased by four percent to 633,600 ounces in the second quarter of 2019, due to lower production from Mogalakwena and Mototolo.
Joint venture platinum group metal (PGM) production, excluding Mototolo, decreased by four percent to 228,200 ounces, Amplats said, citing lower volume from Modikwa despite a strong performance from Kroondal.
Production guidance for 2019 however remained unchanged at 4.2–4.5 million PGM ounces, the company said.
Total PGM production increased by one percent to 1,118,700 ounces, with platinum output up three percent to 520,300 ounces while palladium dipped one percent to 347,100 ounces.
This excluded Sibanye-Stillwater Rustenburg 4E material which transitioned to a tolling arrangement from January 1.