R/€ = 14.54 Change: 0.02
R/$ = 12.46 Change: -0.04
Au 1303.76 $/oz Change: 8.06
Pt 902.00 $/oz Change: -6.40


Third-quarter formal employment up 0.1%

By: Natasha Odendaal     11th December 2012 South Africa’s formal, nonagricultural employment rose by 0.1% in the third quarter of the year, with 10 000 jobs added, taking employment in the sector to 8.44-million during the period under review, Statistics South Africa (Stats SA) reported on Tuesday. Compared with the second quarter, a... 

Mining drags down SA’s third-quarter growth

By: Natasha Odendaal     27th November 2012 South Africa’s gross domestic product (GDP) growth slowed in the third quarter, dragged down by a sharp contraction in the mining sector. Statistics South Africa’s (Stats SA’s) latest quarterly GDP report showed third-quarter growth of 1.2%, compared with 3.4% in the prior quarter.  

September mining production down 8.3%

8th November 2012 The wildcat strikes that swept across the South African mining industry over the last few months had taken their toll on production, especially platinum and gold output. Statistics South Africa (Stats SA) on Thursday reported a 8.3% year-on-year decrease in mining output in September, with... 

July mining output increases 6.7%, PGMs up 11.7%

By: Megan van Wyngaardt     13th September 2012 South Africa’s mining production increased by 6.7% year-on-year in July, from a revised increase of 4.7% in June – the third consecutive monthly increase, Statistics South Africa (Stats SA) reported on Thursday. Platinum group metals (PGMs) output increased by 11.7% year-on-year, while manganese... 

SA quarterly economic growth of 3.2% buoyed by mining

By: Natasha Odendaal     28th August 2012 Increased economic activity during the second quarter of 2012 resulted in a 3.2% jump in seasonally adjusted real gross domestic product (GDP), compared with the 2.7% expansion recorded in the first quarter, Statistics South Africa (Stats SA) said on Tuesday. In its quarterly GDP report, Stats... 

South African mining production up – Stats SA

By: Megan van Wyngaardt     8th August 2012 South Africa’s seasonally adjusted mining production increased by 7.1% in the second quarter of 2012, compared with the first quarter of 2012, Statistics South Africa (Stats SA) reported on Wednesday. The main contributors to the second-quarter increase came from platinum group metals (PGMs),... 

SA mining output plummets as strike weighs on platinum

By: Idéle Esterhuizen     12th April 2012 South Africa’s mine production fell 14.5% year-on-year in February, the biggest monthly drop in nearly four years, official data released by Statistics South Africa (Stats SA) showed on Thursday. Compared with a revised 4.9% decrease in January, the February production registered the biggest... 

SA’s platinum output slumps nearly 20% in January

By: Mariaan Webb     13th March 2012 South Africa’s platinum-group metals (PGMs) production fell nearly 20% year-on-year in January, as the six-week strike at Impala Platinum’s (Implats’) Rustenburg mine hurt output. Compared with December’s production, output declined by 15.3% last month, Statistics South Africa (Stats SA)... 

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