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South Africa Mining Production Fell 7.3 Percent, Gold Mine Droped 12.2 Percent
Statistics South Africa reported the production of the mining sector fell 6.3% to June, with gold mining production fell 12.2% and nongold production decreased 6.4%. The development of mining production for the second quarter from year to year increase, but this year until the end of June production of the mining sector declined.
South African Mining Production Declined 7.3 Percent In June, Gold Production Down 12 Percent
Statistics South Africa reported the total mining production for the second quarter of the year increased by 4.5%, compared with the first quarter of the year. However, in June, the total mining production decreased 7.3%, with the gold mine production down 12.2% and production nongold down 6.4%.
Gold Mining Companies Equity Preview, Mining Operation Project in South Africa
The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.
South Africa Mining Exploration : Gold Mine Production Falls by 8.7 percent in November
South Africa’s gold production fell by 8.7 percent in November 2008 compared with the same month in the previous year, the national statistics agency said on Thursday.
South African Gold Mine Exploration and Production Reports
South African gold production in October fell 14,4% year-on-year, and in the three months to end October production fell 17,8% against the same three months last year, Statistics South Africa said on Tuesday.
Releasing its latest mining production and minerals sales data, Stats SA said non-gold production showed an increase of 6,5% in production year-on-year and [...]
Canada Industrial Stocks, Bombardier, Uranium Miners, May Gain
Canadian industrial stocks may advance, led by Bombardier Inc., after the biggest train maker got an order from the Dutch railway service, and an English regulator said that its Metronet rail venture should be reimbursed as much as 1.1 billion pounds ($2.2 billion).
Uranium miners and explorers may advance after RBC Dominion Securities Inc. raised its [...]
SA Mining production down
South Africa’s mining production, including gold, declined 1.1% in 2006 compared with 2005, Statistics South Africa says.
This is the only annual decrease since 2000, Stats SA comments.
However, total mining production for the three months ended December after seasonal adjustment, increased by 5.5% compared with the previous three months – due mainly to a 6.7% increase [...]
South African women push for top spots in mining
Smangele Mngomezulu worked for 15 years at South African mining giant Anglo American, but apartheid-era laws banned her from donning a hard hat and shoveling ore.
Now, over a decade after the collapse of race laws, she heads down into sweltering underground mines as the owner of her own company, with Anglo as one of her [...]
Oil Rises on U.S. Cold Weather Forecasts, OPEC
Oil struck two-month highs above $63 on Thursday as U.S. winter fuel supplies fell ahead of a cold front in the world’s top heating oil market and on news OPEC could strengthen its market muscle by adding members.
U.S. crude settled 67 cents higher at $63.13 a barrel, after earlier reaching $63.77, its highest level since [...]
