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rdf:type	schema:NewsArticle
schema:articleBody	South Africa's mining output fell 28.2 percent year-on-year in June, the country's statistics bureau said Thursday, edging up only slightly as the coronavirus pandemic continues to hamper economic activity. In May, production was down 29.8 percent from 12 months earlier. Major drops were seen in the platinum group metals as well as iron ore and coal, according to StatsSA. Mineral sales also decreased by 14.2 percent year-on-year in June with the biggest drops in gold, followed by coal, other non-metallic minerals and platinum group metals. "The COVID-19 pandemic and lockdown regulations since 27 March 2020 have had an extensive impact on economic activity," StatsSA said. April, the first full month of the highest level of lockdown, was the worst performing, recording a 47 percent plunge in production when all mines except those supplying coal to state electricity producer Eskom were closed. In May mines were allowed to resume production at 50 percent capacity. South Africa boasts some of the world's richest deposits of precious minerals and base metals. Mining is a critical cog in South Africa's already struggling economic machine, contributing eight percent to overall gross domestic product and bringing in 45 percent of foreign exchange earnings. Mines are also one of the largest employers, with nearly half a million workers. mgu/sn/gd
schema:headline	South Africa mining output plummets 28% in June
schema:mentions	Foreign-exchange reserves Ore Eskom Coal Gross domestic product Lockdown South Africa Pandemic Coronavirus Severe acute respiratory syndrome coronavirus 2 Platinum group Iron ore
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-13 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	68 (xsd:integer)

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