Mining output slows in second quarter

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.