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

Production: results for November 2023

 

Mining production increased by 6,8% year-on-year in November 2023. The largest positive contributors were:

·        PGMs (15,2% and contributing 3,9 percentage points);

·        coal (10,6% and contributing 2,5 percentage points); and

·        iron ore (20,1% and contributing 2,1 percentage points).

 

Seasonally adjusted mining production increased by 2,1% in November 2023 compared with October 2023. This followed month-on-month changes of 2,0% in October 2023 and 0,0% in September 2023.

 

Seasonally adjusted mining production increased by 2,1% in the three months ended November 2023 compared with the previous three months. The largest positive contributors were:

·        PGMs (4,6% and contributing 1,2 percentage points); and

·        coal (4,6% and contributing 1,1 percentage points).

 

 

Mineral sales: results for November 2023

 

Mineral sales at current prices increased by 9,7% year-on-year in November 2023. The largest positive contributors were:

·        iron ore (141,4% and contributing 10,2 percentage points);

·        gold (64,9% and contributing 5,3 percentage points); and

·        chromium ore (90,1% and contributing 4,1 percentage points).

 

Seasonally adjusted mineral sales at current prices decreased by 0,1% in November 2023 compared with October 2023. This followed month-on-month changes of 12,9% in October 2023 and -4,0% in September 2023.

 

Mineral sales at current prices increased by 7,1% in the three months ended November 2023 compared with the previous three months.