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South Africa's government is banking on recent reforms and policy certainty to revive the mining industry after production fell by 1.7% in the first eight months of 2018 compared with an increase of 4.5% in the same period last year, Finance Minister Tito Mboweni said on Wednesday. In his maiden medium-term budget policy statement to parliament, Mboweni said lower gold production had contributed most to this decline, while copper and nickel production had also decreased.
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