gold output falls

South African gold output fell 3,1percent in volume terms and overall minerals production dropped 1percent in June compared with the same month the previous year, official data showed on Wednesday. Production of non-gold minerals fell by 0,6percent in June, Statistics South Africa added. In May year-on-year gold sales rose 42percent to R3,7billion, sales of non-gold minerals increased by 40percent to R16billion and total mineral sales gained 40percent to R19,7billion, a statement on Statistics South African website said. - Reuters

South African gold output fell 3,1percent in volume terms and overall minerals production dropped 1percent in June compared with the same month the previous year, official data showed on Wednesday. Production of non-gold minerals fell by 0,6percent in June, Statistics South Africa added. In May year-on-year gold sales rose 42percent to R3,7billion, sales of non-gold minerals increased by 40percent to R16billion and total mineral sales gained 40percent to R19,7billion, a statement on Statistics South African website said. - Reuters

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