Anglo revises its production guidance for diamonds, iron-ore, coal lower

Global diversified miner Anglo American on Tuesday released its updated production guidance for the next three years, with diamonds and iron-ore revised lower.

The company, through its diamond subsidiary De Beers, now expects to produce between 32-million and 34-million carats in the 2020 financial year, down from the prior target of between 33-million and 35-million carats.