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Anglo American copper forecast bolsters outlook

Anglo American’s latest guidance update impressed analysts with higher-than expected copper production, although overall numbers were on the low side.

Anglo American copper forecast bolsters outlook Anglo American copper forecast bolsters outlook Anglo American copper forecast bolsters outlook Anglo American copper forecast bolsters outlook Anglo American copper forecast bolsters outlook

Despite a slight tweak downwards to guidance, Anglo American's December investor update was still enough to spark a favourable analyst reaction

In its December investor update on Tuesday, Anglo increased copper production guidance from 630-650,000 tonnes in 2019 to 620-670,000t in 2020 and 620-680,000t by 2021.