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

Production: results for September 2023

 

Mining production decreased by 1,9% year-on-year in September 2023. The largest negative contributors were:

·        diamonds (-61,4% and contributing -2,9 percentage points);

·        ‘other’ metallic minerals (-17,1% and contributing -0,5 of a percentage point); and

·        manganese ore (-5,6% and contributing -0,4 of a percentage point).

 

PGMs (3,8% and contributing 1,0 percentage point) were a significant positive contributor.

 

Seasonally adjusted mining production decreased by 0,3% in September 2023 compared with August 2023. This followed month-on-month changes of 1,2% in August 2023 and -1,8% in July 2023.

 

Seasonally adjusted mining production decreased by 1,6% in the third quarter of 2023 compared with the second quarter of 2023. The largest negative contributors were:

·        PGMs (-4,5% and contributing -1,2 percentage points); and

·        gold (-7,3% and contributing -1,1 percentage points).

 

Iron ore (8,5% and contributing 1,0 percentage point) was a significant positive contributor.

 

 

Mineral sales: results for September 2023

 

Mineral sales at current prices decreased by 20,2% year-on-year in September 2023. The largest negative contributors were:

·        coal (-32,1% and contributing -9,8 percentage points);

·        gold (-35,1% and contributing -5,2 percentage points);

·        PGMs (-10,7% and contributing -2,6 percentage points); and

·        ‘other’ metallic minerals (-48,5% and contributing -2,0 percentage points).

 

Seasonally adjusted mineral sales at current prices decreased by 4,7% in September 2023 compared with August 2023. This followed month-on-month changes of 6,6% in August 2023 and -6,1% in July 2023.

 

Mineral sales at current prices decreased by 6,1% in the third quarter of 2023 compared with the second quarter of 2023.