Key findings: P2041 - Mining: Production and sales, April 2024

Production: results for April 2024

 

Mining production increased by 0,7% year-on-year in April 2024. The largest positive contributors were:

·        PGMs (16,9% and contributing 4,3 percentage points); and

·        chromium ore (20,8% and contributing 0,9 of a percentage point).

 

The largest negative contributors were:

·        manganese ore (-22,5% and contributing -1,8 percentage points);

·        iron ore (-7,5% and contributing -1,0 percentage point); and

·        coal (-3,6% and contributing -0,9 of a percentage point).

 

Seasonally adjusted mining production increased by 0,8% in April 2024 compared with March 2024. This followed month-on-month changes of -4,4% in March 2024 and 5,2% in February 2024.

 

Seasonally adjusted mining production increased by 0,1% in the three months ended April 2024 compared with the previous three months. The largest positive contributors were:

·        iron ore (7,4% and contributing 0,9 of a percentage point); and

·        gold (2,9% and contributing 0,4 of a percentage point).

 

The largest negative contributor was coal (-5,5% and contributing -1,4 percentage points).

 

Mineral sales: results for April 2024

 

Mineral sales at current prices increased by 11,8% year-on-year in April 2024. The largest positive contributors were:

·        gold (226,5% and contributing 12,7 percentage points);

·        chromium ore (17,3% and contributing 1,4 percentage points); and

·        iron ore (9,3% and contributing 1,3 percentage points).

 

Coal (-8,1% and contributing -2,3 percentage points) and PGMs (-7,3% and contributing -2,1 percentage points) were the largest negative contributors.

 

Seasonally adjusted mineral sales at current prices increased by 14,0% in April 2024 compared with March 2024. This followed month-on-month changes of -14,2% in March 2024 and -7,3% in February 2024.

 

Seasonally adjusted mineral sales at current prices decreased by 13,2% in the three months ended April 2024 compared with the previous three months.