Key findings: P2041 - Mining: Production and sales, March 2017

Key findings regarding mining production for March 2017

Mining production increased by 15,5% year-on-year in March 2017. The three main positive contributors were PGMs (30,0% and contributing 6,1 percentage points), iron ore (24,4% and contributing 4,0 percentage points), coal (8,1% and contributing 2,0 percentage points) and diamonds (53,8% and contributing 1,6 percentage points). Gold (-8,8% and contributing -1,2 percentage points) was a significant negative contributor.

Seasonally adjusted mining production increased by 3,7% in March 2017 compared with February 2017. This followed month-on-month changes of 2,3% in February 2017 and 2,2% in January 2017.

Seasonally adjusted mining production increased by 3,5% in the first quarter of 2017 compared with the previous quarter. PGMs (contributing 3,5 percentage points) was the largest positive contributor.

Key findings regarding mineral sales for February 2017

Mineral sales increased by 10,0% year-on-year in February 2017. The largest positive contributors to the increase of 10,0% were:

  • iron ore (76,2% and contributing 6,6 percentage points);
  • manganese ore (151,5% and contributing 4,5 percentage points);
  • coal (16,7% and contributing 4,5 percentage points); and
  • chromium ore (98,4% and contributing 3,0 percentage points).

Seasonally adjusted mineral sales at current prices decreased by 4,3% in February 2017 compared with January 2017. This followed month-on-month changes of -3,1% in January 2017 and -1,3% in December 2016.