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Mining production rises

South African
mining “’ rose in
Johannesburg, South Africa — MININGREVIEW.COM — 10 September 2009 – South African mining production rose 4.8% in July from a year earlier, as a decline in gold output was countered by gains in other minerals.

The latest mining production figures released by Statistics South Africa showed that gold production had dropped 7.6% in the month, while output of other minerals climbed 6.7%.

Total mining production for the three months to 31 July 2009 decreased by 4.4%% compared with the second quarter of 2008,

The total seasonally adjusted value of mineral sales at current prices for the second quarter of 2009 reflected a decrease of 5.7% compared with the previous quarter. This decrease (-R3 453.8 million) was the result of a decrease of 7.7% (-R3 703.3 million) in the sale of non-gold minerals

The actual estimated total value of mineral sales at current prices for the second quarter  of 2009 decreased by 30,3% compared with the second quarter of 2008.

The major contributors to this decrease were PGMs  -15.7 percentage points or -R12 960.1 million), coal (-6.0 percentage points or -R4 957.9 million) and manganese ore (-5.8 percentage points or R4772.5 million). Iron ore sales contributed positively (2.4percentage  points or R1 963.2 million).