Mining output slows in second quarter
Wednesday, November 05, 2014
A production rise at Morupule Coal Mine helped soften the mining sector output decline
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.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...