April 9 (Bloomberg) -- Mining production in South Africa, the world’s biggest producer of platinum, fell by the most in more than a decade in February after metal and diamond prices declined.
Output dropped 12.8 percent in February from the same month a year ago, Statistics South Africa said on its Web site today.
Metal prices tumbled from records last year as the recession curbed demand and discouraged production. Platinum, mainly produced in South Africa, declined 40 percent in the past year, prompting producers including Lonmin Plc to suspend mines.
Gold output advanced 2.7 percent, the Pretoria-based agency said. The price of the metal climbed to 3 an ounce in February, close to its ,032.70 record last year.
The value of total mineral sales slid 2.2 percent to 17.1 billion rand ($1.9 billion) in January.
Editors: M. Shankar, Stuart Wallace.