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    Mining Production Plummets in South Africa

    Written by Investing News Network
    |
    Dec. 08, 2011 03:15PM PST

    Mining Weekly reported Statistics South Africa said mining production dropped 12.7% in October.

    Mining Weekly reported Statistics South Africa said mining production dropped 12.7% in October.

    As quoted in the market news:

    The decline comes on top of a revised 3.9% contraction in September, which the Nedbank Economic Unit said suggested that the impact of weaker global growth was filtering through to the domestic economy.

    Click here to read the full Mining Weekly report.

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