MIN­ING RE­BOUNDS

Finweek English Edition - - Economic Trends -

ANAL­Y­SIS BY Ned­bank shows min­ing pro­duc­tion ac­cel­er­ated to a sea­son­ally ad­justed 4% quar­ter-on-quar­ter in first quar­ter 2010 from 1,6% in fourth quar­ter 2009, con­firm­ing min­ing ac­tiv­ity gained mo­men­tum in the first three months of this year. Out­put of all min­er­als – ex­cept gold – rose dur­ing the quar­ter, with di­a­monds (31,6%), nickel (33,1%) and cop­per (17,6%) grow­ing strongly.

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