April 23, 2020 / 6:31 AM / a month ago

Anglo American says cuts capex on coronavirus as it posts lower Q1 production

LONDON, April 23 (Reuters) - Global miner Anglo American said on Thursday slashed its capital expenditure guidance for the year by about $1 billion and warned of delays some projects due to coronavirus.

The London-listed miner said overall production in its first quarter fell by 4% mainly due to lockdown measures. (Reporting by Zandi Shabalala; Editing by Toby Chopra)

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