South African platinum group metal production was down 2.7 percent for the three months ended November 2011 compared with the three months ended August 2011.
In what is likely to be upbeat year for Australian mining M&A, some large Asian and U.S. companies are ready to bet on the country's coal, iron ore and uranium assets to meet booming demand for power.
The Porto Sudeste tunnel project in Brazil features a 20.5 m wide tunnel and will accommodate four conveyor lines to become one of the widest tunnels of its type globally.
The market for iron ore is likely to soften this year but industry leaders Rio Tinto and BHP Billiton are not pulling in production, betting that the slowdown in steelmaking is temporary.