SA Jan mining prod up 7.7% y/y vs Dec 2.3% fall(2)

   Johannesburg, Mar 11 (I-Net Bridge) – South African gold production climbed by 7.7% year-on-year in January 2010 after decreases of 2.3% in December 2009 and 2.2% in November 2009.
    Stats SA said total mining production for the three months ended January 2010, after seasonal adjustment, increased by 3.3% compared with the previous three months.
    The production of platinum group metals (PGMs) was the main contributor, contributing 3.6 percentage points, while iron ore contributed 1.0 percentage point to the 3.3% increase.
    The actual estimated total mining production for the three months ended January 2010 increased by 0.6% compared with the three months ended January 2009.
   
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