SouthAfrica PGM South Africa's mining sector contracts 10.4% in October as PGM and gold production down
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- According to Statistics South Africa , the domestic mining production decreased by 10.4% year-on-year in October 2022. StatsSA said that largest negative contributors were platinum group metals, ; gold ; diamonds ; and manganese ore . The agency added that seasonally adjusted mining production decreased by 2.5% in October 2022 compared with September 2022. This followed month-on-month changes of -0.1% in September 2022 and -0.4% in August 2022.
According to the report, the country’s seasonally adjusted mining production was flat in the three months ended October 2022 compared with the previous three months.
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