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

Production: results for August 2023

 

Mining production decreased by 2,5% year-on-year in August 2023. The largest negative contributors were:

·        diamonds (-54,6% and contributing -2,7 percentage points);

·        manganese ore (-7,9% and contributing -0,6 of a percentage point); and

·        ‘other’ metallic minerals (-17,6% and contributing -0,5 of a percentage point).

 

Seasonally adjusted mining production increased by 0,8% in August 2023 compared with July 2023. This followed month-on-month changes of -1,7% in July 2023 and 0,8% in June 2023.

 

Seasonally adjusted mining production decreased by 2,0% in the three months ended August 2023 compared with the previous three months. The largest negative contributors were:

·        gold (-6,5% and contributing -1,1 percentage points);

·        coal (-2,8% and contributing -0,7 of a percentage point); and

·        manganese ore (-6,0% and contributing -0,4 of a percentage point).

 

 

Mineral sales: results for August 2023

 

Mineral sales at current prices decreased by 16,1% year-on-year in August 2023. The largest negative contributors were:

·        PGMs (-39,5% and contributing -11,0 percentage points); and

·        coal (-33,4% and contributing -10,6 percentage points).

 

Seasonally adjusted mineral sales at current prices increased by 6,7% in August 2023 compared with July 2023. This followed month-on-month changes of -5,8% in July 2023 and -13,6% in June 2023.

 

Mineral sales at current prices decreased by 5,7% in the three months ended August 2023 compared with the previous three months.