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August 13, 2009

South Africa’s Gold Production Fell 12% in June

South Africa’s gold production in June dropped by 12.2% year-on-year, according to Statistics South Africa (Stats SA). The country registered a 4.2% decline in the gold output when compared with the first quarter of 2009, the research agency said. The country's total mining pr

By cms admin

South Africa’s gold production in June dropped by 12.2% year-on-year, according to Statistics South Africa (Stats SA).

The country registered a 4.2% decline in the gold output when compared with the first quarter of 2009, the research agency said.

The country’s total mining production dropped 7.3% in June against the same month a year ago, with non-gold production declining by 6.4%, Stats SA figures said.

Total seasonally adjusted value of mineral sales of R17.9bn for the three months ended May fell by 0.8% compared with the previous three months, due to a 2.5% decrease in non-gold minerals sales.

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