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South Africa's mining output contracts again, but mineral sales accelerate.

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South Africa's mining production contracted by 4.5% year-on-year in September.

The largest negative contributors were iron-ore (-23.1% and contributing -2.7 percentage points) and gold (-12.4% and contributing -2.1 percentage points).

Financial services provider Nedbank's Economic Unit points out that the September reading marks an eighth straight month of contraction.

17 Jan 2023 8AM English South Africa Business News · Investing

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