GlencoreXtrata Copper Production Surges 26% In 2013 11-Feb-2014

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Glencore Xstrata, the global mining giant reported today that its sourced copper production went up 26% to 1.5 million tonnes for 12 months ended 31 December 2013 on by strong growth in African copper, Collahuasi, Antapaccay and Ernest Henry. The Collahuasi mine copper production surged by 58% to 195,600 tonnes. The comaony’s sourced gold production was also up 14% to 1,023,000 oz, driven by strong growth at Kazzinc and Antapaccay.

The company’s Coal production edged up 4% to 138.1 million tonnes during 2013, driven by a number of key expansion projects at Prodeco and various Australian thermal coal assets.

The company also highlighted that is recording significant growth in Mutanda copper ore reserves and mineral resources, up respectively, 23% and 25% to 2.0 million and 7.4 million tonnes of contained copper.

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