RMB’s Henk de Hoop talks to Business Day TV mining production data
SA’s mining output recovered in May from a record low, with production ticking up month on month.
On a month-on-month, seasonally adjusted basis, mining production rose 44% in May from the previous month’s decline of a revised 36.8%. The improvement is due to the government’s decision to ease Covid-19 lockdown restrictions to level 4 during the period, which allowed more producers to come back online. On an annual base, however, output slumped 29.8%.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WATCH | Power vs speed: cheetah walks right into leopard in KrugerWhen power meets speed and when stealth triggers sn explosion, the results are uncertain.
Read more »
WATCH | Cape storm hits homeless hard, closes high school and roadsSolomon dragged his broken wet tent behind him after a brutal storm hit Cape Town in the early hours of Monday morning.
Read more »
WATCH LIVE: Social, health clusters brief the media on COVID-19 statusMembers of the social and health clusters are briefing the media on plans to combat coronavirus after President Cyril Ramaphosa's address on Sunday.
Read more »
Watch this space: Khoza on the resumption of PSL seasonIrvin Khoza says National Soccer League has handed in to the SA Football Association a proposed date for the season to resume.
Read more »
WATCH | Ferocious storm blows into Cape TownGale force winds wreaked havoc downing trees and tearing off roofs as a major storm made landfall overnight bringing more rain and snow to the Western Cape on Monday
Read more »
WATCH: Stock picks — Satrix MSCI China ETF and S&P 500David Shapiro from Sasfin Securities and Viv Govender from Rand Swiss Offshore talk to Business Day TV
Read more »