Key findings: P2041 - Mining: Production and sales, February 2014

Key findings regarding mining production for February 2014

Mining production decreased by 4,8% year-on-year in February 2014. The largest negative growth rates were recorded for PGMs (-35,8%), building materials (-10,3%) and diamonds (-8,4%). The main contributors to the 4,8% decrease were PGMs (contributing -7,6 percentage points) and coal (contributing -1,3 percentage points).

Seasonally adjusted mining production decreased by 7,0% in February 2014 compared with January 2014. This followed month-on-month changes of -3,7% in January 2014 and 5,1% in December 2013.

Seasonally adjusted mining production increased by 0,7% in the three months ended February 2014 compared with the previous three months. The main contributor to the 0,7% increase was iron ore (contributing 3,3 percentage points).


Key findings regarding mineral sales for January 2014

Mineral sales increased by 7,3% year-on-year in January 2014. The highest positive growth rates were recorded for ‘other’ non-metallic minerals (96,5%), nickel (35,8%), PGMs (35,4%) and manganese ore (32,4%). The major contributors to the 7,3% increase were PGMs (contributing 6,6 percentage points), coal (contributing 3,8 percentage points) and ‘other’ non-metallic minerals (contributing 3,1 percentage points).

Seasonally adjusted mineral sales at current prices increased by 6,1% in January 2014 compared with December 2013. This followed month-on-month changes of 0,1% in December 2013 and -3,0% in November 2013.