Key findings: P2041 - Mining: Production and sales, August 2018

Key findings regarding mining production

Mining production decreased by 9,1% year-on-year in August 2018. The largest negative contributors were:

  • iron ore (-19,9% and contributing -2,6 percentage points);
  • gold (-15,5% and contributing -2,2 percentage points); and
  • PGMs (-7,0% and contributing -1,7 percentage points).

Seasonally adjusted mining production decreased by 1,2% in August 2018 compared with July 2018. This followed month-on-month changes of -8,3% in July 2018 and 5,1% in June 2018.

Seasonally adjusted mining production increased by 2,6% in the three months ended August 2018 compared with the previous three months. Diamonds (contributing 2,9 percentage points) was the largest positive contributor.

Key findings regarding mineral sales

Mineral sales increased by 4,3% year-on-year in August 2018. The largest positive contributors were:

  • manganese ore (47,2% and contributing 2,7 percentage points);
  • coal (7,3% and contributing 2,0 percentage points); and
  • 'other' metallic minerals (86,5% and contributing 1,0 percentage point).
  • Seasonally adjusted mineral sales at current prices increased by 6,1% in August 2018 compared with July 2018. This followed month-on-month changes of -5,7% in July 2018 and 1,6% in June 2018.

    In the three months ended August 2018 the seasonally adjusted value of mineral sales at current prices was 4,1% higher compared with the previous three months.