Thursday 10 September 2015

Otmane El Rhazi : Mining output expected to decline as platinum recovery slows

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Despite a marginal hike in mining production in July, proponents expect output to track downwards during the second half of the year as the recovery effect after last year's platinum mining strike starts to wane. Annual mining production growth increased from a revised 5.4% in June to 5.6 % in July, on the back of a 71.8 % year-on-year increase in platinum group metals (PGM) output, which added 7.9 percentage points.

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