08 Oct 2022
DiamondWorld Directory
Home |
Gold production falls by 12.3% in SA
China overtakes SA in production levels
By: Diamond World News Service
Aug 8 2008 1:17PM
Reference: 2917  


South Africa has been overtaken by China in its gold production. For the second quarter ending June 30 2008, South Africa generated a lowered gold production by 12.3 percent in volume. In June 2008, production slid also by 12.3 percent as compared with June 2007 production figures, according to Statistics South Africa, a government agency.

The sale of the metal in the three months March to May showed an upswing by 13.4 percent on a Y-o-Y basis. In May particularly, the increase in sales was of 1.5 percent, amounting to $493 million (R3,745 million), as compared to the May sales in 2007. China is making its potential known as one of the key emerging markets both in consumption and production of gem and jewellery.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 31560
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 8945
GJEPC Chairman Interview
Views: 27713
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 38741
Promo for IJ Awards 2012 at NDTV Profit
Views: 56538
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 68007
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21539
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 50483
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 52352
DW News App
Member of:
Supporter of: