[miningmx.com] – SOUTH Africa’s platinum sector continues to suffer the effects of a five-and-a-half month strike last year with November mining data showing output was 20% lower than pre-strike levels, said BDLive.
“We had expected continued post-strike recovery in platinum output to support further growth in overall mining output during November,” Barclays Africa economist Miyelani Maluleke told BDLive.
“However, the recovery stalled in November with PGMs (platinum group metals) contracting 3.4% during the month.” BDLive cited data from Statistics SA which also showed that production from the mining sector was 1.2% lower in November.
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