Mining Drops 4.6% y/y In October
Mining production fell by 4.6% year-on-year in October, owing to a drop in coal, iron-ore, and gold output, Statistics South Africa (Stats SA) revealed on Tuesday.Coal production was down 15%, iron-ore production fell 18.4%, and gold production declined 7.5%.Surprisingly, the embattled platinum group metals (PGMs) industry was a significant positive contributor, with production up 26.5% […]
