• Most Popular
  • Most Shared

SAfrica's gold output falls 10.9 pct yr/yr in March

Tue May 13, 2008 5:11am EDT

JOHANNESBURG, May 13 (Reuters) - South African gold output fell 10.9 percent in volume terms, while overall mineral production declined 17.2 percent in March compared to the same month in the previous year, official data showed on Tuesday.

Production of non-gold minerals fell by 18.1 percent in March, Statistics South Africa added.

Mining output in South Africa has taken a hit after state-owned power utility Eskom [ESCJ.UL] struggled to provide sufficient power to mines, following a near collapse in the electricity grid in January, which led to a five-day countrywide mine shutdown.

Eskom has since supplied around 90 to 95 percent to mines in the country. (Reporting by James Macharia)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article