SA mining production mining slips 3.6% y/y

Data out earlier from Statistics South Africa showed that the local mining activity slowed in July, decreasing by 3.6 per cent year-on-year with the largest lag recorded in PGMs. This while mineral sales at current prices decreased by 24.7 per cent in the same period. For a closer look at the sector which accounts for more than R7 trillion of value on the JSE according to Minerals Council SA. CNBC Africa is joined by Henk Langenhoven, Chief Economist, Minerals Council SA.