[miningmx.com] — GOLD output during the first quarter of this year fell 9.3% compared to the fourth quarter of 2010, the Chamber of Mines said on Friday.
Gold output fell to 44,682.7 kg compared with a revised 49,245.4 kg produced in the fourth quarter last year, it said in a statement.
The chamber also revised total gold production for 2010 to 191,402.3 kilograms from the 191,833.7 kilograms published earlier.
South Africa was the world’s largest gold producer for decades up until 2006, but dwindling grades, deeper mining and stoppages for safety-related reasons have hit the sector.
