Anglo American Platinum Limited announced production results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported total platinum production of 602,300 ounces against 587,000 ounces a year ago. Palladium production was 386,600 ounces against 374,900 ounces a year ago. Tonnes milled was 6,849,000 tonne against 7,401,000 tonne a year ago.

For the year, the company reported total platinum production of 2,484,700 ounces against 2,397,400 ounces a year ago. Palladium production was 1,610,800 ounces against 1,557,400 ounces a year ago. Tonnes milled was 28,260,000 tonne against 29,698,000 tonne a year ago.

For the full year 2019, PGM production outlook (excluding tolling material from Sibanye-Stillwater) for 2019 is between 4.2 - 4.5 million ounces, including platinum production of between 2.0 - 2.1 million ounces and palladium production guidance of between 1.3 ­ 1.4 million ounces. Production guidance is down on 2018 due to the transition of Sibanye-Stillwater material to a tolling arrangement in place of its concentrate purchased. Purchased production from Sibanye-Stillwater in 2018 equated to 903,900 PGM ounces, including 464,100 platinum ounces and 231,800 palladium ounces. Refined production and sales volumes should increase as the backlog of work-in-progress-inventory is processed in full during 2019.