Anglo American plc announced the completion of its sale of a 24.5% interest in Anglo American Sur SA, comprising certain of Anglo American's copper assets in Chile, to Mitsubishi Corporation for US$5.39 billion.
Anglo American provided a further update on the situation in Chile. Affected copper mining operations - Los Bronces, El Soldado and Mantoverde - were able to resume full and safe production during Sunday when power was returned to all operations. It is expected that the Chagres smelter will resume full production by Wednesday following the resumption of full power supply. Lost copper production during the stoppage was limited to less than 1,500 tonnes. Minor damage was reported at Anglo American's copper mining operations.
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