Key findings: P2041 - Mining: Production and sales, August 2010

Key findings regarding mining production for August 2010

The latest mining production figures show that mining production increased year-on-year by 10,4% in August 2010 compared with a 0,5% increase in July 2010 (see Table 2).

The total mining production for the three months ended August 2010, after seasonal adjustment, increased by 4,1% compared with the three months ended May 2010. The main contributors to the 4,1% increase were PGMs (contributing 2,6 percentage points) and coal (contributing 1,5 percentage points). Iron ore production contributed negatively (-0,7 of a percentage point) during this period.
The actual estimated total mining production for the three months ended August 2010 increased by 3,8% compared with the three months ended August 2009.

Key findings regarding mineral sales for July 2010

The total seasonally adjusted value of mineral sales at current prices for the three months ended July 2010 reflected an increase of 8,2% compared with the previous three months. The increase of 8,2% (R5 588,5 million) was mainly due to increases in the sales value of iron ore (contributing 4,3 percentage points or R2 947,7 million), gold (contributing 4,0 percentage points or R2 692,8 million), coal (contributing 1,8 percentage points or R1 249,9 million) and PGMs (contributing 1,2 percentage points or R807,4 million).