Key
findings regarding mining production
Mining production
decreased by 6,3% year-on-year in October 2020. The largest negative
contributors were:
·
iron ore (-26,5% and contributing -2,6
percentage points);
·
chromium ore (-31,4% and contributing -1,4
percentage points);
·
‘other’ non-metallic minerals (-17,3% and
contributing -1,2 percentage points); and
·
coal (-4,0% and contributing -1,0 percentage
point).
Seasonally adjusted
mining production decreased by 0,3% in October 2020 compared with September
2020. This followed month-on-month changes of -1,0% in September 2020 and 6,0%
in August 2020.
Seasonally adjusted
mining production increased by 18,5% in the three months ended October 2020
compared with the previous three months. The largest contributors were:
·
PGMs (32,0% and contributing 6,7 percentage
points);
·
iron ore (30,2% and contributing 2,3 percentage
points);
·
gold (19,2% and contributing 2,3 percentage
points);
·
‘other’ non-metallic minerals (22,3% and
contributing 1,5 percentage points); and
·
manganese ore (16,7% and contributing 1,5
percentage points).
Key findings regarding mineral
sales
Mineral sales increased
by 30,7% year-on-year in October 2020. The largest positive contributors were:
·
PGMs (75,7% and contributing 20,8 percentage
points);
·
gold (66,1% and contributing 10,0 percentage
points); and
·
iron ore (31,2% and contributing 2,8 percentage
points).
Seasonally adjusted
mineral sales at current prices increased by 2,5% in October 2020 compared with
September 2020. This followed month-on-month changes of 4,4% in September 2020
and 13,1% in August 2020.
In the three months ended
October 2020 the seasonally adjusted value of mineral sales at current prices
was 35,1% higher compared with the previous three months.