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Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $20.6 billion in 2021, up from $9.8 billion the previous year.

Global miner Anglo American said on Thursday its overall production for the fourth quarter was flat as a strong diamonds performance countered a 4% fall in copper, for which it expects higher output this year.

LONDON (Reuters) -Global miner Anglo American said on Thursday its overall production for the fourth quarter was flat as a strong diamonds performance countered a 4% fall in copper, for which it expects higher output this year.

To view all features and options, click here. A monthly subscription is charged pro rata, based on the day of purchase. This is non-refundable and includes a R5 once-off sign-up fee. A yearly subscription is refundable within 14 days of purchase and includes a 365-day membership. Iron ore production was up 1% at 16.2 million tonnes in the first quarter, while production of platinum group metals rose to 1.02 million ounces from 955 000 in the same period a year ago. Anglo expects copper output to reach between 640 000 tonnes and 680 000 tonnes this year. It also kept its output targets unchang...

Commodity prices boost Anglo American in 2020 after COVID-19 hit Anglo American beat forecasts with a small fall in 2020 earnings and boosted its dividend after strong commodity prices helped the diversified miner recover from coronavirus disruptions in the first half of the year. The company’s shares were 4.5% higher in London at 1025 GMT, the second biggest gain on the benchmark FTSE 100. Anglo was the worst hit among its peers by coronavirus lockdowns, including in countries such as South Africa and Botswana, and also had operational problems at its platinum unit. But a rebound in commod...