IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Production: results for January 2023

In January 2023, mining production experienced its twelfth consecutive month of year-on-year decline, recording a decrease of 1,9%. The largest negative contributors were:

·        PGMs (-15,2% and contributing -3,5 percentage points); and

·        diamonds (-15,5% and contributing -0,9 of a percentage point).

Iron ore (12,1% and contributing 1,4 percentage points) and coal (4,1% and contributing 1,1 percentage points) were significant positive contributors.

Seasonally adjusted mining production increased by 4,4% in January 2023 compared with December 2022. This followed month-on-month changes of 1,3% in December 2022 and -1,0% in November 2022.

Seasonally adjusted mining production decreased by 0,5% in the three months ended January 2023 compared with the previous three months. The largest negative contributors were:

·        diamonds (-19,7% and contributing -1,0 percentage point); and

·        ‘other’ metallic minerals (-20,1% and contributing -0,6 of a percentage point).

Mineral sales: results for January 2023

Mineral sales at current prices increased by 6,8% year-on-year in January 2023. The largest positive contributors were:

·        coal (18,1% and contributing 4,3 percentage points);

·        gold (28,2% and contributing 3,2 percentage points);

·        chromium ore (68,0% and contributing 2,6 percentage points); and

·        ‘other’ metallic minerals (57,3% and contributing 1,7 percentage points).

PGMs (-15,1% and contributing -4,8 percentage points) and manganese ore (-16,6% and contributing -1,1 percentage points) were significant negative contributors.

Seasonally adjusted mineral sales at current prices decreased by 0,6% in January 2023 compared with December 2022. This followed month-on-month changes of 9,5% in December 2022 and -7,9% in November 2022.