Anglo American keeps 2026 copper forecast despite 5% third-quarter output drop

Anglo American held its 2026 copper production forecast at 700,000 to 760,000 tons despite a 5% year-on-year third-quarter decline, Reuters reported. Reuters linked the drop to record snowfall in Chile. The miner raised its diamond production estimate after taking full ownership of a Canadian mine, while competition from lab-grown stones continued to weigh on rough diamond trading.