South Africa’s (SA) mining production continued to rise, increasing by 8.2% year-on-year in April from 2.5% the previous month. According to data released by Statistics SA (Stats SA), the strong recovery was largely driven by platinum group metals (PGMs), which recorded growth of 36.5% and contributed 8.8 percentage points to overall growth.
The boost in mining activity marks the fifth consecutive month of expansion, with PGMs remaining the sector’s key growth engine. Principal survey statistician at Stats SA, Juan-Pierre Terblanche, noted that nickel, manganese ore, and chromium ore were also positive. In fact, chromium ore recorded its 8th consecutive month of year-on-year growth.
On the downside, there was a decline in the production of diamonds, copper, coal, iron ore, and gold in April.
–ChannelAfrica–
