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14 Jul
14:53

South Africa iron ore income surges in May

South African iron ore production rose 48% on-year in May, says Statistics South Africa without providing tonnages. This represents an index of 92.3 based on 100 in 2015. Total iron ore sales amounted to ZAR 12.23 billion ($840.9 million), up 116%, Kallanish notes. The weight of a mineral group designates the ratio out of 100 of its value added to the total value added of the mining industry. It reflects the importance of the mineral group in the total mining…
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