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

Key findings regarding mining production for August 2016

Mining production decreased by 0,2% year-on-year in August 2016. The main negative contributors were:

  • gold (-8,2% and contributing -1,0 percentage point);
  • manganese ore (-13,7% and contributing -0,9 of a percentage point);
  • nickel (-20,6% and contributing -0,6 of a percentage point); and
  • 'other' non-metallic minerals (-17,3% and contributing -0,6 of a percentage point).

Iron ore was a significant positive contributor (19,0% and contributing 3,0 percentage points).

Seasonally adjusted mining production increased by 2,5% in August 2016 compared with July 2016. This followed month-on-month changes of -2,5% in July 2016 and 1,3% in June 2016.

Seasonally adjusted mining production increased by 3,4% in the three months ended August 2016 compared with the previous three months. Iron ore (contributing 3,6 percentage points) was the largest positive contributor.

Key findings regarding mineral sales for July 2016

Mineral sales decreased by 0,7% year-on-year in July 2016. The largest negative contributors to the decrease of 0,7% were:

  • PGMs (-14,3% and contributing -3,7 percentage points);
  • coal (-11,7% and contributing -3,4 percentage points); and
  • chromium ore (-25,6% and contributing -1,2 percentage points).

Gold (contributing 5,4 percentage points) and iron ore (contributing 2,5 percentage points) were significant positive contributors.

Seasonally adjusted mineral sales at current prices decreased by 11,3% in July 2016 compared with June 2016. This followed month-on-month changes of -7,4% in June 2016 and 19,7% in May 2016.