Key findings: P2041 - Mining: Production and sales, August 2012

Key findings regarding mining production for August 2012

Mining production increased by 0,8% year-on-year in August 2012. The highest positive growth rate was recorded for iron ore (23,1%), followed by copper (13,7%) and nickel (13,5%). The main contributor to the 0,8% increase was iron ore (contributing 2,0 percentage points).
Seasonally adjusted mining production increased by 4,9% in the three months ended August 2012 compared with the previous three months. The main contributor to the 4,9% increase was PGMs (contributing 4,3 percentage points).

Key findings regarding mineral sales for July 2012

Mineral sales increased by 13,1% year-on-year in July 2012. The highest growth rate was recorded for manganese ore (54,7%), followed by nickel (27,2%), gold (26,5%) and coal (26,1%). The major contributors to the 13,1% increase were coal (contributing 6,2 percentage points) and gold (contributing 5,1 percentage points).

Seasonally adjusted mineral sales at current prices decreased by 0,6% in July 2012 compared with June 2012. This followed month-on-month changes of -0,9% in June 2012 and 11,8% in May 2012.

Seasonally adjusted mineral sales at current prices increased by 6,0% in the three months ended July 2012 compared with the previous three months. This increase was driven mainly by increases in the sales value of gold (contributing 2,6 percentage points) and iron ore (contributing 1,6 percentage points).