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Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Sep-14 Oct-14 JSE Mining Index The weak rand somewhat shielded the Mining Index, but could not fully compensate for the new decade lows in commodity prices. Although

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Mining Review Africa is a monthly publication distributed throughout Africa and internationally to decision makers at mines, and mining houses.

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Figure 1: Market capitalisation per commodity ther 27 % 29 % 21 % 20 % 13 % 3 % 25 % 26 % 34 % 2017 2018 Diversied Platinum Gold Iron ore 2018 2017 2 % Source: IRESS, PwC analysis