South Africa’s mining production drops by 12.7-percent in August [SOUND]

# Statistics South Africa announced that mining production fell by 12.7-percent in August. The decline was mainly driven by lower production of platinum group metals, coal and iron ore. Mineral sales also dropped by 15.1-percent compared with the same month last year, with gold sales falling by nearly 49-percent. Stats SA’s Juan-Pierre Terblanche says mining production declined by 5.2-percent over the three months to August, while mineral sales fell by 13.3-percent over the same period: