Key findings: P2041 - Mining: Production and sales, January 2016

Key findings regarding mining production for January 2016

Mining production decreased by 4,5% year-on-year in January 2016. The largest negative growth rates were recorded for copper (-43,8%), iron ore (-26,3%) and diamonds (-16,1%). The main negative contributors to the 4,5% decrease were iron ore (contributing -5,8 percentage points), copper (contributing -0,7 of a percentage point) and manganese ore (contributing -0,6 of a percentage point). Gold was a significant positive contributor (contributing 3,1 percentage points).

Seasonally adjusted mining production decreased by 4,9% in January 2016 compared with December 2015. This followed month-on-month changes of -0,5% in December 2015 and 1,9% in November 2015.

Seasonally adjusted mining production decreased by 0,6% in the three months ended January 2016 compared with the previous three months.

Key findings regarding mineral sales for December 2015

Mineral sales increased by 2,8% year-on-year in December 2015. The highest positive contributors to the increase of 2,8% were 'other' non-metallic minerals (90,8% and contributing 3,1 percentage points), gold (18,2% and contributing 2,9 percentage points) and coal (7,4% and contributing 2,0 percentage points).

Two minerals with significant negative contributions were iron ore (-25,7% and contributing -3,2 percentage points) and manganese ore (-44,1% and contributing -2,1 percentage points).

Seasonally adjusted mineral sales at current prices increased by 2,9% in December 2015 compared with November 2015. This followed month-on-month changes of -2,1% in November 2015 and 1,3% in October 2015.