GOLD production for two months from February this year rose 16 percent to 2,52 tonnes from 2,1 tonnes in the same period last year, latest statistics from the Chamber of Mines show.
The value of the mineral also increased to $99,3 million from $86,7 million a year earlier.
Platinum production was flat at 2 692 ounces while the value declined to $71,1 million from $83,8 million in the corresponding period last year. According to media reports, citing the World Investment Platinum Council, the platinum market was expected to be in deficit of 235 000 ounces this year, on stronger mining and recycling supply growth.
Above-ground stocks of the metal that have prevented prices from benefiting from a tight market are forecast to have declined 20 percent in 2014 and are expected to drop a further 8 percent this year.
Platinum prices fell 12 percent last year and are now at their lowest since 2009 around $1,168.
Coal production increased to 1,05 million tonnes from 1,03 million tonnes in the same period last year with value increasing to $18 million from $15,1 million, said Chamber of Mines. The chamber said it had not yet received data from other mineral producers.
Copper production was 1 409 tonnes valued at $6,1 million, palladium was 1 627 kg at $36,1 million.
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