Key findings: P2041 - Mining: Production and sales, November 2021

Production: results for November 2021

 

Mining production increased by 5,2% year-on-year in November 2021. The largest positive contributors were:

·        PGMs (38,1% and contributing 7,7 percentage points); and

·        iron ore (9,3% and contributing 0,8 of a percentage point).

 

Coal (-7,9% and contributing -2,2 percentage points) was a significant negative contributor.

 

Seasonally adjusted mining production decreased by 2,2% in November 2021 compared with October 2021. This followed month-on-month changes of 3,1% in October 2021 and -4,4% in September 2021.

 

Seasonally adjusted mining production decreased by 1,6% in the three months ended November 2021 compared with the previous three months. The largest negative contributors were:

·        iron ore (-10,9% and contributing -1,2 percentage points);

·        gold (-6,6% and contributing -1,0 percentage point); and

·        coal (-3,4% and contributing -0,8 of a percentage point)

 

Mineral sales: results for November 2021

 

Mineral sales at current prices increased by 22,2% year-on-year in November 2021. The largest positive contributors were:

·        PGMs (34,4% and contributing 12,0 percentage points);

·        gold (59,7% and contributing 7,1 percentage points); and

·        coal (29,7% and contributing 5,6 percentage points).

 

Iron ore (-14,5% and contributing -2,0 percentage points) was a significant negative contributor.

 

Seasonally adjusted mineral sales at current prices increased by 7,5% in November 2021 compared with October 2021. This followed month-on-month changes of 12,3% in October 2021 and -24,1% in September 2021.

 

In the three months ended November 2021 the seasonally adjusted value of mineral sales at current prices was 15,3% lower compared with the previous three months.