Mining output surprises to the upside

While mining production remains sluggish, it has outpaced analyst expectations in September. On a year-on-year basis, output was lifted by a tepid 0.2% and on a month-on-month basis, production increased by 1.5%. The increases were largely driven by stronger iron ore production while diamond output weighs. On the other hand, mineral sales grew 15% year-on-year. Konosoang Asare-Bediako, Executive Director at Moshe Capital who has recently been on a roadshow to promote opportunities for investment into African mining joined Business Day TV to discuss the investment potential of the sector given the sluggish output we're seeing.