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Premarket London: Anglo American Guides Lower on Copper Output

Published 10/22/2019, 02:00 PM
Updated 10/22/2019, 02:20 PM
© Reuters.

Investing.com -- Here's a summary of this morning's big releases on the London Stock Exchange. Please refresh for updates.

  • Anglo American (LON:AAL) said its copper output this year would be at the lower end of expectations due to a chronic drought in Chile that also threatens next year’s production. AA also reported a 14% drop in diamond output at its De Beers subsidiary. These negative factors were offset by the successful ramp up of its iron ore mine at Minas-Rio in Brazil. The company said it’s “broadly on track” to deliver its full-year production targets

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