Key findings: P2041 - Mining: Production and sales, August 2013

Key findings regarding mining production for August 2013

Mining production increased by 2,1% year-on-year in August 2013. The highest positive growth rates were recorded for copper (95,2%), diamonds (27,2%) and chromium ore (19,9%). The main contributor to the 2,1% increase was PGMs (contributing 1,9 percentage points). Iron ore (contributing -2,2 percentage points) was a significant negative contributor.

Seasonally adjusted mining production decreased by 1,5% in August 2013 compared with July 2013. This followed month-on-month changes of 3,5% in July 2013 and -1,5% in June 2013.

Seasonally adjusted mining production increased by 3,9% in the three months ended August 2013 compared with the previous three months. The main contributor to the 3,9% increase was PGMs (contributing 2,7 percentage points).

Key findings regarding mineral sales for July 2013

Mineral sales recorded a marginal 0,3% year-on-year growth in July 2013. The highest positive growth rates were recorded for manganese ore (51,0%), chromium ore (45,8%) and nickel (31,2%). The major contributors to the 0,3% increase were PGMs (contributing 3,1 percentage points), coal (contributing 1,7 percentage points) and manganese ore (contributing 1,4 percentage points).

Seasonally adjusted mineral sales at current prices increased by 1,9% in July 2013 compared with June 2013. This followed month-on-month changes of 5,0% in June 2013 and -10,9% in May 2013.

Seasonally adjusted mineral sales at current prices decreased by 6,8% in the three months ended July 2013 compared with the previous three months. This decrease was largely driven by the sales value of gold (contributing -5,3 percentage points), PGMs (contributing -2,2 percentage points) and ‘other’ non-metallic minerals (contributing -1,0 percentage point).