Key findings: P2041 - Mining: Production and sales, November 2020

Key findings regarding mining production

 

Mining production decreased by 11,6% year-on-year in November 2020. The largest negative contributors were:

·        iron ore (-35,3% and contributing -3,9 percentage points);

·        PGMs (-16,1% and contributing -3,4 percentage points);

·        manganese ore (-15,9% and contributing -1,5 percentage points); and

·        coal (-5,9% and contributing -1,5 percentage points).

 

Seasonally adjusted mining production decreased by 5,7% in November 2020 compared with October 2020. This followed month-on-month changes of -0,7% in October 2020 and -0,8% in September 2020.

 

Seasonally adjusted mining production increased by 6,3% in the three months ended November 2020 compared with the previous three months. The largest positive contributors were:

·        gold (13,2% and contributing 1,6 percentage points);

·        PGMs (6,4% and contributing 1,3 percentage points); and

·        manganese ore (10,2% and contributing 1,0 percentage point).

 

Key findings regarding mineral sales

 

Mineral sales increased by 15,1% year-on-year in November 2020. The largest positive contributors were:

·        PGMs (37,6% and contributing 11,0 percentage points);

·        iron ore (28,8% and contributing 3,5 percentage points);

·        ‘other’ non-metallic minerals (80,3% and contributing 2,5 percentage points); and

·        manganese ore (29,5% and contributing 1,6 percentage points).

 

Seasonally adjusted mineral sales at current prices decreased by 4,4% in November 2020 compared with October 2020. This followed month-on-month changes of 2,6% in October 2020 and 4,8% in September 2020.

 

In the three months ended November 2020 the seasonally adjusted value of mineral sales at current prices was 21,7% higher compared with the previous three months.