Production: results for July 2024

Mining production decreased by 1,4% year-on-year in July 2024. The largest negative contributors were:

·        iron ore (-19,0% and contributing -2,8 percentage points);

·        ‘other’ metallic minerals (-36,2% and contributing -1,1 percentage points); and

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

Manganese ore (27,0% and contributing 2,0 percentage points) and chromium ore (23,3% and contributing 1,0 percentage point) were the largest positive contributors.

Seasonally adjusted mining production decreased by 0,9% in July 2024 compared with June 2024. This followed month-on-month changes of -1,7% in June 2024 and -0,9% in May 2024.

Seasonally adjusted mining production decreased by 2,5% in the three months ended July 2024 compared with the previous three months. The largest negative contributors were:

·        PGMs (-4,8% and contributing -1,3 percentage points);

·        iron ore (-9,5% and contributing -1,2 percentage points); and

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

Manganese ore (12,9% and contributing 1,0 percentage point) was the largest positive contributor.

Mineral sales: results for July 2024

Mineral sales at current prices increased by 24,5% year-on-year in July 2024. The largest positive contributors were:

·        gold (117,5% and contributing 19,3 percentage points);

·        manganese ore (70,8% and contributing 4,1 percentage points);

·        PGMs (16,3% and contributing 3,3 percentage points); and

·        coal (13,3% and contributing 3,1 percentage points).

Iron ore (-31,4% and contributing -4,4 percentage points) and ‘other’ non-metallic minerals (-36,5% and contributing -1,3 percentage points) were the largest negative contributors.

Seasonally adjusted mineral sales at current prices decreased by 0,1% in July 2024 compared with June 2024. This followed month-on-month changes of 19,5% in June 2024 and -7,5% in May 2024.

Seasonally adjusted mineral sales at current prices increased by 9,6% in the three months ended July 2024 compared with the previous three months.