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

Key findings regarding mining production

Mining production decreased by 1,8% year-on-year in September 2018. The largest negative contributor was gold
(-19,0% and contributing -3,1 percentage points) and the largest positive contributor was PGMs (7,2% and contributing 1,7 percentage points).

Seasonally adjusted mining production increased by 1,2% in September 2018 compared with August 2018. This followed month-on-month changes of 1,0% in August 2018 and -8,6% in July 2018.

Seasonally adjusted mining production decreased by 2,2% in the third quarter of 2018 compared with the previous quarter. Iron ore (-13,0% and contributing -1,8 percentage points) and PGMs (-7,4% and contributing -1,8 percentage points) were the largest negative contributors.

Key findings regarding mineral sales

Mineral sales decreased by 3,6% year-on-year in September 2018. The largest negative contributor was gold
(-53,9% and contributing -10,5 percentage points). Minerals that had significant positive contributions were:

  • PGMs (19,0% and contributing 3,8 percentage points);
  • coal (10,5% and contributing 2,6 percentage points); and
  • manganese ore (25,1% and contributing 1,8 percentage points).

Seasonally adjusted mineral sales at current prices decreased by 4,8% in September 2018 compared with August 2018. This followed month-on-month changes of 6,5% in August 2018 and -6,1% in July 2018.

In the third quarter of 2018 the seasonally adjusted value of mineral sales at current prices was 1,0% lower compared with the previous quarter.