South Africa's mining production down 4.3% y/y in April

South Africa' mining output fell by decreased by 4.3% in April compared with the same month last year, the national statistics agency said on Thursday. Statistics South Africa said the largest negative contributors to the decline were platinum group metals (PGMs), which slid 6.5%, deducting 1.5 percentage points. Other metallic minerals tumbled 36.3%, while diamond production fell 24.1% and gold was down 5.5%.