Mining output slows in second quarter

Wednesday, November 05, 2014

A production rise at Morupule Coal Mine helped soften the mining sector output decline

A decline in diamond and copper output pulled down the mining industry’s production by 4.5 percent in the second quarter of this year, figures released by Statistics Botswana(SB) yesterday show.

According to the Statistics agency, the Indices of Mineral Production (IMP) in the second quarter of 2014 stood at 106.6 showing a negative year on year growth of 4.5 percent.

“The main contributors to the decline in growth of mining production came from copper-nickel-cobalt matte, which declined by 3.0 percentage points followed by diamonds, which declined by 1.3 percentage points and gold, with a decline of 0.3 percentage points,” read a statement from SB.

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Mining output slows in second quarter

A decline in diamond and copper output pulled down the mining industry’s production by 4.5 percent in the second quarter of this year, figures released by Statistics Botswana(SB) yesterday show.