Key findings: P2041 - Mining: Production and sales, October 2015

Key findings regarding mining production for October 2015

Mining production decreased by 4,6% year-on-year in October 2015. The largest negative contributions were recorded for coal (-15,0% and contributing -4,1 percentage points), iron ore (-18,4% and contributing -3,5 percentage points) and gold (-7,5% and contributing -1,3 percentage points).

PGMs (26,5% and contributing 3,6 percentage points) was a significant positive contributor.

Seasonally adjusted mining production increased by 1,8% in October 2015 compared with September 2015. This followed month-on-month changes of -4,0% in September 2015 and -1,1% in August 2015.

In the three months ended October 2015, seasonally adjusted mining production decreased by 3,1% compared with the previous three months. The main contributors to the 3,1% decrease were PGMs (contributing -1,0 percentage point), iron ore (contributing -0,9 of a percentage point) and coal (contributing -0,7 of a percentage point).

Key findings regarding mineral sales for September 2015

Mineral sales decreased by 5,3% year-on-year in September 2015. The largest negative contributions to the decrease of 5,3% were made by the following mineral groups and minerals:

  • iron ore (-22,2% and contributing -2,8 percentage points);
  • 'other' non-metallic minerals (-27,5% and contributing -2,2 percentage points);
  • coal (-7,1% and contributing -1,9 percentage points); and
  • gold (-9,8% and contributing -1,5 percentage points).

PGMs increased by 17,6% year-on-year and was a significant positive contributor (contributing 3,7 percentage points).

Seasonally adjusted mineral sales at current prices increased by 1,4% in September 2015 compared with August 2015. This followed month-on-month changes of 0,0% in August 2015 and -5,9% in July 2015.