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

Mining production decreased by 1,1% year-on-year in October 2014. The largest negative growth rates were recorded for PGMs (-20,5%) and copper (-10,8%). The main contributors to the 1,1% decrease were PGMs (contributing -4,6 percentage points) and gold (contributing -1,4 percentage points). Iron ore was a significant positive contributor (contributing 2,7 percentage points).

Seasonally adjusted mining production increased by 0,5% in October 2014 compared with September 2014. This followed month-on-month changes of 6,9% in September 2014 and -2,5% in August 2014.

Seasonally adjusted mining production increased by 3,1% in the three months ended October 2014 compared with the previous three months. The main contributor to the 3,1% increase was PGMs (contributing 2,8 percentage points)

Key findings regarding mineral sales for September 2014

Mineral sales increased by 0,4% year-on-year in September 2014. The highest positive growth rates were recorded for nickel (43,9%), ‘other’ non-metallic minerals (33,8%) and manganese ore (20,6%). The major contributors to the 0,5% increase were coal (contributing 2,5 percentage points) and ‘other’ non-metallic minerals (contributing 2,2 percentage points).

Seasonally adjusted mineral sales at current prices increased by 5,8% in September 2014 compared with August 2014. This followed month-on-month changes of -0,4% in August 2014 and 7,1% in July 2014.