Mining production slips for fifth straight month
The sector has been under pressure in 2022 due to load-shedding, a three-month strike in the gold sector and infrastructure bottlenecks
11 August 2022 - 13:02
UPDATED 11 August 2022 - 19:01
Mining production slumped for a fifth straight month in June, Stats SA announced on Thursday, by more than economists predicted.
The biggest contributors to the 8% year-on-year decrease were gold, platinum group metals (PGMs) and coal. According to Trading Economics, the market had forecast a 5.4% decline after the 7.2% contraction in May...
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