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Mining production decreases

Dec 10 2009 11:23

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

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

The total value of mineral sales at current prices for the third quarter of 2009 decreased by 28.5% compared with the third quarter of 2008, Statistics SA said.

The major contributors to the decrease of 28.5% were platinum group metals (contributing -12.4 percentage points or -R10&nbs;171 0m), coal (contributing -7.5 percentage points or -R6 140 4m) and manganese ore (contributing -6.6 percentage points or -R5 384 9m).

The minerals that made a substantial positive contribution to the change were iron ore (1.4 percentage points or R1 178 4m) and gold (1.1 percentage points or R889 3m).

- Sapa

 
 
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