April mining output lifts after 14 months of year-on-year decline

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April mining output lifts after 14 months of year-on-year decline
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The largest positive contributions came from gold and coal

SA mining production rose above market expectations in April, marking the first month of growth in mining activity after 14 consecutive months of year-on-year declines.

Stats SA said on Tuesday that mining production increased 2.3% year on year 2023, after a downwardly revised 2.2% slump in the prior month and above market forecasts of a 0.9% increase...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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