SA’s mining sector recovery stalls in September
Mining contracted 2.8% year on year in September, but overall the third quarter was a positive one
12 November 2020 - 12:21
The pace of contraction in SAs annual mining production picked up in September, with output falling a worse-than-expected 2.8%, led by declines in iron ore and chromium production.
This is almost twice the rate of contraction in the Thomson Reuters consensus of a 1.5% drop, with iron ore the biggest factor in the fall, falling 30.5% in the last month of the third quarter...
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