Key findings: P2041 - Mining: Production and sales, February 2019

Key findings regarding mining production

Mining production decreased by 7,5% year-on-year in February 2019. The largest negative contributors were:

  • diamonds (-48,3% and contributing -3,2 percentage points);
  • gold (-20,6% and contributing -3,0 percentage points); and
  • iron ore (-20,7% and contributing -2,9 percentage points).

The largest positive contributor was PGMs (17,8% and contributing 2,8 percentage points).

Seasonally adjusted mining production decreased by 1,5% in February 2019 compared with January 2019. This followed month-on-month changes of 0,0% in January 2019 and -1,5% in December 2018.

Seasonally adjusted mining production decreased by 5,0% in the three months ended February 2019 compared with the previous three months. The largest negative contributors were:

  • diamonds (-33,1% and contributing -1,7 percentage points); and
  • gold (-9,7% and contributing -1,2 percentage points).
Key findings regarding mineral sales

Mineral sales increased by 10,6% year-on-year in February 2019. The largest positive contributors were:

  • PGMs (36,0% and contributing 5,4 percentage points);
  • manganese ore (44,6% and contributing 3,5 percentage points);
  • iron ore (21,3% and contributing 2,7 percentage points); and
  • ''other'' metallic minerals (51,2% and contributing 1,4 percentage points).

Seasonally adjusted mineral sales at current prices decreased by 5,6% in February 2019 compared with January 2019. This followed month-on-month changes of -3,2% in January 2019 and 3,9% in December 2018.

In the three months ended February 2019 the seasonally adjusted value of mineral sales at current prices was 4,4% higher compared with the previous three months.