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

Production: results for May 2022

 

Mining production decreased by 7,8% year-on-year in May 2022. The largest negative contributors were:

·        gold (-28,3% and contributing -4,6 percentage points);

·        coal (-7,3% and contributing -1,9 percentage points); and

·        manganese ore (-14,5% and contributing -1,1 percentage points).

 

Seasonally adjusted mining production increased by 0,7% in May 2022 compared with April 2022. This followed month-on-month changes of -3,6% in April 2022 and 3,0% in March 2022.

 

Seasonally adjusted mining production decreased by 1,3% in the three months ended May 2022 compared with the previous three months. The largest negative contributors were:

·        gold (-10,5% and contributing -1,6 percentage points); and

·        manganese ore (-13,2% and contributing -1,0 percentage point).

 

 

Mineral sales: results for May 2022

 

Mineral sales at current prices increased by 17,6% year-on-year in May 2022. The largest positive contributors were:

·        coal (116,7% and contributing 17,5 percentage points);

·        gold (165,1% and contributing 7,6 percentage points);

·        manganese ore (52,4% and contributing 2,2 percentage points); and

·        chromium ore (81,3% and contributing 2,0 percentage points).

 

PGMs (-26,3% and contributing -13,1 percentage points) was a significant negative contributor.

 

Seasonally adjusted mineral sales at current prices increased by 9,8% in May 2022 compared with April 2022. This followed month-on-month changes of -0,2% in April 2022 and 8,9% in March 2022.

 

In the three months ended May 2022 the seasonally adjusted value of mineral sales at current prices was 19,3% higher compared with the previous three months.