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

Key findings regarding mining production

Mining production increased by 0,5% year-on-year in October 2018. The largest positive contributors were PGMs (21,4% and contributing 4,3 percentage points), diamonds (27,2% and contributing 1,4 percentage points) and manganese ore (19,9% and contributing 0,9 of a percentage point).

The largest negative contributors were iron ore (-22,0% and contributing -3,0 percentage points) and gold (-15,1% and contributing -2,3 percentage points).

Seasonally adjusted mining production increased by 3,3% in October 2018 compared with September 2018. This followed month-on-month changes of 0,7% in September 2018 and 1,1% in August 2018.

Seasonally adjusted mining production decreased by 1,5% in the three months ended October 2018 compared with the previous three months. Diamonds (-20,8% and contributing -1,4 percentage points), iron ore (-8,8% and contributing -1,1 percentage points) and gold (-5,5% and contributing -0,7 of a percentage point) were the largest negative contributors.

Key findings regarding mineral sales

Mineral sales increased by 3,9% year-on-year in October 2018. The largest positive contributors were:

  • PGMs (38,8% and contributing 6,8 percentage points);
  • coal (7,3% and contributing 2,1 percentage points); and
  • 'other' metallic minerals (50,0% and contributing 1,0 percentage point).

Gold was a significant negative contributor (-21,3% and contributing -4,3 percentage points).

Seasonally adjusted mineral sales at current prices increased by 9,0% in October 2018 compared with September 2018. This followed month-on-month changes of -4,3% in September 2018 and 6,4% in August 2018.

In the three months ended October 2018 the seasonally adjusted value of mineral sales at current prices was 3,0% higher compared with the previous three months.