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

Production: results for September 2022

 

Mining production decreased by 4,5% year-on-year in September 2022. The largest negative contributors were iron ore (-23,1% and contributing -2,7 percentage points) and gold (-12,4% and contributing -2,1 percentage points).

 

Seasonally adjusted mining production increased by 0,1% in September 2022 compared with August 2022. This followed month-on-month changes of -0,6% in August 2022 and 2,5% in July 2022.

 

Seasonally adjusted mining production increased by 2,2% in the third quarter of 2022 compared with the second quarter of 2022. The largest positive contributors were:

·        gold (9,6% and contributing 1,3 percentage points);

·        diamonds (20,4% and contributing 0,9 of a percentage point);

·        coal (3,2% and contributing 0,8 of a percentage point); and

·        manganese ore (10,2% and contributing 0,7 of a percentage point).

 

 

Mineral sales: results for September 2022

 

Mineral sales at current prices increased by 20,7% year-on-year in September 2022. The largest positive contributors were:

·        coal (63,1% and contributing 14,1 percentage points);

·        gold (122,4% and contributing 10,0 percentage points);

·        ‘other’ metallic minerals (164,0% and contributing 3,1 percentage points); and

·        manganese ore (33,0% and contributing 1,7 percentage points).

 

PGMs (-22,9% and contributing -8,8 percentage points) and iron ore (-18,2% and contributing -2,6 percentage points) were significant negative contributors.


Seasonally adjusted mineral sales at current prices decreased by 2,1% in September 2022 compared with August 2022. This followed month-on-month changes of -1,3% in August 2022 and 6,5% in July 2022.

 

Mineral sales at current prices decreased by 3,2% in the third quarter of 2022 compared with the second quarter of 2022.