Mining production falls for a third consecutive month
JOHANNESBURG –
Mining production fell for a third month in a row in October, declining by 2.9 percent year on year in October, Statistics South Africa (Stats SA) said on Thursday.
Mining production fell for a third month in a row in October, declining by 2.9 percent year on year in October, Statistics South Africa (Stats SA) said on Thursday.
Stats SA said on that diamonds, platinum group metals (PGMs), and manganese were the biggest drags on overall production.
Copper and diamonds were down 41.4 percent and 39.9 percent, respectively, while manganese declined by 12.5 percent.
Source: iol.co.za
