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South Africa’s mining industry soars 117% in April

From kitco.com

Statistics South Africa (Stats SA) reported today that the domestic mining production increased by 116.5% year-on-year in April 2021. According to the report, the largest positive contributors were platinum group metals (276.1% increase, contributing 39.2 percentage points), gold (177.9%, contributing 16.6 percentage points), manganese ore (208.2%, contributing 14.2 percentage points) and iron ore (149.1%, contributing 13.3 percentage points). Stats SA said that seasonally adjusted mining production increased by 0.3% in April 2021 compared with March 2021. This followed month-on-month changes of 4.7% in March 2021 ... (full story)

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  • Category: Fundamental Analysis