IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Production: results for December 2022

Mining production decreased by 3,5% year-on-year in December 2022. The largest negative contributors were:

·        iron ore (-15,2% and contributing -2,1 percentage points);

·        diamonds (-36,9% and contributing -1,9 percentage points); and

·        PGMs (-5,3% and contributing -1,5 percentage points).

Total mining production contracted by 7,2% in 2022 compared with 2021. The 7,2% contraction in annual mining production followed an increase of 11,6% in 2021 and a decrease of 10,4% in 2020.

Seasonally adjusted mining production increased by 1,2% in December 2022 compared with November 2022. This followed month-on-month changes of -0,8% in November 2022 and -2,9% in October 2022.

Seasonally adjusted mining production decreased by 3,4% in the fourth quarter of 2022 compared with the third quarter of 2022. The largest negative contributors were:

·        diamonds (-32,4% and contributing -1,7 percentage points);

·        iron ore (-6,8% and contributing -0,8 of a percentage point); and

·        PGMs (-2,5% and contributing -0,6 of a percentage point).

Mineral sales: results for December 2022

Mineral sales at current prices increased by 0,1% year-on-year in December 2022. The largest positive contributors were:

·        coal (17,6% and contributing 4,0 percentage points); and

·        chromium ore (35,3% and contributing 1,1 percentage points).

PGMs (-12,6% and contributing -4,6 percentage points) and iron ore (-8,6% and contributing -1,0 percentage point) were significant negative contributors.

Total mineral sales were 2,8% higher in 2022 compared with 2021. The 2,8% increase in annual mineral sales followed increases of 39,7% in 2021 and 10,9% in 2020.

Seasonally adjusted mineral sales at current prices increased by 9,9% in December 2022 compared with November 2022. This followed month-on-month changes of -8,1% in November 2022 and -6,1% in October 2022.