South Africa’s mining output dropped by 1.9%; Declined for 12 straight months

Mining output in South Africa, which is one of the nation’s core sectors, fell by 1.9% year on year in Jan, according to official data.

According to Statistics South Africa, the most recent number shows. That the nation’s mining output has declined for 12 straight months.

The department’s statistics revealed that coal & iron ore were the 2 major factors that contributed positively to the mining production. Which increased by 12.1percent & 4.1percent, respectively.

Notwithstanding the decline in output, South Africa’s mineral sales at present prices rose 6.8 percent year over year in Jan.

With chromium ore, gold, coal, or other metallic minerals making up the majority of the rise.