Key findings: P2041 - Mining: Production and sales, July 2022

Production: results for July 2022

 

Mining production decreased by 8,4% year-on-year in July 2022. The largest negative contributors were:

·        gold (-19,7% and contributing -3,1 percentage points);

·        PGMs (-12,2% and contributing -2,8 percentage points); and

·        iron ore (-20,4% and contributing -2,7 percentage points).

 

Seasonally adjusted mining production increased by 2,3% in July 2022 compared with June 2022. This followed month-on-month changes of -0,9% in June 2022 and 1,8% in May 2022.

 

Seasonally adjusted mining production increased by 0,2% in the three months ended July 2022 compared with the previous three months. PGMs was the largest positive contributor (4,1% and contributing 1,0 percentage point) and diamonds the largest negative contributor (-15,9% and contributing -0,8 of a percentage point).

 

 

Mineral sales: results for July 2022

 

Mineral sales at current prices increased by 4,3% year-on-year in July 2022. Among the largest positive contributors were:

·        coal (84,3% and contributing 13,8 percentage points);

·        chromium ore (94,5% and contributing 2,1 percentage points);

·        manganese ore (44,9% and contributing 1,9 percentage points); and

·        ‘other’ metallic minerals (99,4% and contributing 1,9 percentage points).

 

PGMs (-29,4% and contributing -12,8 percentage points) and iron ore (-28,7% and contributing -4,6 percentage points) were significant negative contributors.

 

Seasonally adjusted mineral sales at current prices increased by 7,3% in July 2022 compared with June 2022. This followed month-on-month changes of -15,9% in June 2022 and 12,3% in May 2022.

 

Mineral sales at current prices increased by 5,3% in the three months ended July 2022 compared with the previous three months.