Production: results for
May 2023
Mining production decreased by 0,8% year-on-year in May
2023. The largest negative contributors were:
·
PGMs (-7,2% and contributing -1,9 percentage
points); and
·
diamonds (-31,4% and contributing -1,2 percentage
points).
The largest positive contributors were:
·
gold (27,3% and contributing 3,4 percentage
points); and
·
manganese ore (9,4% and contributing 0,7 of a
percentage point).
Seasonally adjusted mining production decreased by 3,8% in May
2023 compared with April 2023. This followed month-on-month changes of 1,5% in April
2023 and 7,1% in March 2023.
Seasonally adjusted mining production increased by 3,1% in the
three months ended May 2023 compared with the previous three months. The
largest positive contributors were:
·
gold (10,1% and contributing 1,6 percentage
points);
·
iron ore (6,0% and contributing 0,7 of a
percentage point); and
·
coal (1,9% and contributing 0,5 of a percentage
point).
Mineral sales: results for May 2023
Mineral sales at current prices decreased by 11,8%
year-on-year in May 2023. The largest negative contributors were:
·
coal (-37,0% and contributing -10,2 percentage
points);
·
PGMs (-20,1% and contributing -6,2 percentage
points); and
·
iron ore (-30,2% and contributing -3,9 percentage
points).
Gold (71,8% and contributing 7,3 percentage points) was a significant
positive contributor.
Seasonally adjusted mineral sales at current prices increased
by 22,7% in May 2023 compared with April 2023. This followed month-on-month
changes of -12,6% in April 2023 and -2,2% in March 2023.
In the three months ended May 2023 the seasonally adjusted value of mineral sales at current prices was 5,1% lower compared with the previous three months.