Key findings: P2041 - Mining: Production and sales, November 2011

Key findings regarding mining production for November 2011

Seasonally adjusted mining production decreased by 2,0% for the three months ended November 2011 compared with the three months ended August 2011. The main contributor to the 2,0% decrease was PGMs (contributing -2,7 percentage points).

Actual mining production was 6,7% lower for the three months ended November 2011 compared with the three months ended November 2010. A year-on-year decrease of 4,6% was recorded in November 2011 compared with a revised 12,0% decrease in October 2011.

Key findings regarding mineral sales for October 2011

The seasonally adjusted value of mineral sales at current prices reflected an increase of 10,8% for the three months ended October 2011 compared with the three months ended July 2011. The 10,8% increase (R9 492,6 million) was mainly due to increases in the sales value of gold (contributing 4,8 percentage points or R4 174,0 million) and coal (contributing 4,1 percentage points or R3 626,5 million).

The actual value of mineral sales at current prices for the three months ended October 2011 increased by 22,1% compared with the same three months of 2010. The major contributors to this increase were: