Production: results for September 2024

Mining production increased by 4,7% year-on-year in September 2024. The largest positive contributors were:

·        PGMs (6,7% and contributing 2,1 percentage points);

·        iron ore (10,0% and contributing 1,3 percentage points);

·        manganese ore (13,5% and contributing 0,9 of a percentage point);

·        chromium ore (17,3% and contributing 0,8 of a percentage point); and

·        diamonds (35,4% and contributing 0,5 of a percentage point).

Coal (-4,4% and contributing -1,0 percentage point) and gold (-3,7% and contributing -0,5 of a percentage point) were the only negative contributors.

Seasonally adjusted mining production increased by 3,8% in September 2024 compared with August 2024. This followed month-on-month changes of 3,3% in August 2024 and -1,1% in July 2024.

Seasonally adjusted mining production increased by 1,0% in the third quarter of 2024 compared with the second quarter of 2024. The largest positive contributors were:

·        manganese ore (10,1% and contributing 0,7 of a percentage point); and

·        chromium ore (7,3% and contributing 0,4 of a percentage point).

PGMs (-0,8% and contributing -0,3 of a percentage point) was the largest negative contributor.

Mineral sales: results for September 2024

Mineral sales at current prices increased by 8,0% year-on-year in September 2024. The largest positive contributors were:

·        gold (42,3% and contributing 5,1 percentage points);

·        manganese ore (48,8% and contributing 2,7 percentage points);

·        chromium ore (19,4% and contributing 1,5 percentage points); and

·        coal (5,8% and contributing 1,5 percentage points).

The largest negative contributor was PGMs (-15,9% and contributing -4,3 percentage points).

Seasonally adjusted mineral sales at current prices increased by 16,4% in September 2024 compared with August 2024. This followed month-on-month changes of -21,4% in August 2024 and -1,7% in July 2024.

Seasonally adjusted mineral sales at current prices decreased by 2,5% in the third quarter of 2024 compared with the second quarter of 2024.