Key findings: P2041 - Mining: Production and sales, July 2023

Production: results for July 2023

 

Mining production decreased by 3,6% year-on-year in July 2023. The largest negative contributors were:

·        PGMs (-10,4% and contributing -2,2 percentage points);

·        coal (-7,0% and contributing -2,0 percentage points); and

·        diamonds (-33,4% and contributing -1,4 percentage points).

 

·        The largest positive contributors were:

·        gold (12,9% and contributing 1,8 percentage points); and

·        iron ore (13,8% and contributing 1,5 percentage points).

 

Seasonally adjusted mining production decreased by 1,7% in July 2023 compared with June 2023. This followed month-on-month changes of 1,2% in June 2023 and -3,4% in May 2023.

 

Seasonally adjusted mining production decreased by 0,1% in the three months ended July 2023 compared with the previous three months. The largest negative contributors were:

·        coal (-3,5% and contributing -0,9 of a percentage point); and

·        manganese ore (-6,3% and contributing -0,5 of a percentage point).

 

 

Mineral sales: results for July 2023

 

Mineral sales at current prices decreased by 24,7% year-on-year in July 2023. The largest negative contributors were:

·        PGMs (-48,2% and contributing -14,3 percentage points); and

·        coal (-38,3% and contributing -11,2 percentage points).


Seasonally adjusted mineral sales at current prices decreased by 5,8% in July 2023 compared with June 2023. This followed month-on-month changes of -14,0% in June 2023 and 25,3% in May 2023.

 

Mineral sales at current prices increased by 1,5% in the three months ended July 2023 compared with the previous three months.