2/22/99 - South Africa"s gold output falls 3.8 percent in 1998
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JOHANNESBURG, Feb 22 (AFP) - South Africa produced 473,770.7 kg (15,232, 080 ounces) of gold in 1998, 3.8 percent down from the production figure for 1997, the Chamber of Mines, representing major mining houses, said in a statement on Monday.
Output for 1997 was 492,533.5 kg (15,835,318 ounces).
Production for the last quarter of 1998 dipped six percent to 119,014.5 kg (3,826,404 ounces) from the 126,476.6 kg (4,066,320 ounces) in 1997"s October to December quarter.
The last quarter output in 1998 was also 0.7 percent lower than the 119, 863.6 kg (3,853,705 ounces) produced in 1998"s third quarter, July to September.
The output in the third quarter of 1998 was 3.7 percent lower than that of 1997"s third quarter when 124,475.5 kg (4,001,980 ounces) was produced. |
