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Mining production records highest headline growth in 2 years

South African mining production rose 15.5% year-on-year in March, marking the highest headline growth rate in production in two years. “On a seasonally adjusted monthly basis, production rose 3.7%, [the] strongest monthly performance since May last year. In the first three months of this yea, cumulative monthly mining production growth was up by a robust 8.4%,” BNP Paribas Securities South Africa economist Jeffrey Schultz pointed out on Thursday.