Saturday, December 12, 2009

SA Mining Output Down In October

South Africa's total mining production decreased in October, Statistics South Africa said on Thursday.

"Mining production for October 2009 decreased by 8.5 percent compared with October 2008," the Pretoria agency said.

In addition, the total value of mineral sales at current prices for the third quarter of 2009 decreased by 28.5 percent compared with the third quarter of 2008, it reported.

The major contributors to the decrease of 28.5 percent were platinum group metals, down 12.4 percent; coal, down 7.5 percent; and manganese ore, down 6.6 percent.

The minerals that made a substantial positive contribution to the change were iron ore, up 1.4 percent, and gold, up 1.1 percent.

Source: SAPA

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