Amplats reports flat Q3 production numbers, revises guidance downward

Platinum mining company Anglo American Platinum (Amplats) on Tuesday reported that total platinum production (expressed as metal in concentrate) for the three months ended September 30, was flat at 621 400 oz. The company noted that there were strong performances from its Mogalakwena, Unki and Union mines in the third quarter, which were partially offset by reduced production from the joint venture (JV) Bokoni mine, which has now been placed on care and maintenance, as well as lower production from the Mototolo mine.