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PGMs help boost SA mining output in March

17 may 2021
South Africa's mining output jumped 21.3% year-on-year in March, mainly due to the positive contribution from platinum group metals (PGMs), according to data released by Statistics South Africa.
PGMs production rose 68.6% during the period, contributing 11.6 percentage points.
Iron-ore leapt 47.9% contributing 4.1 percentage points, while manganese went up by 29.9% contributing 2.4 percentage points.
Gold output grew by 10.5% in March contributing 1.5 percentage points.
Statistics South Africa said seasonally adjusted mining production went up by 3.8% in the first quarter of the year compared with the fourth quarter of 2020.
Again the PGMs were the largest contributor with a 21.5% increase and contributing 4.3 percentage points.
Mineral sales rose by 46.9% year-on-year in March.
PGMs sales rose 76% contributing 26.1 percentage points; gold jumped 61.3% contributing 7.2 percentage points.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished