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

Key findings regarding mining production

Mining production increased by 0,2% year-on-year in September 2019. The largest positive contributors were:

·         iron ore (8,2% and contributing 0,9 of a percentage point);

·         ‘other’ non-metallic minerals (13,6% and contributing 0,8 of a percentage point); and

·         ‘other’ metallic minerals (38,0% and contributing 0,7 of a percentage point).

 

The largest negative contributors were:

·         diamonds (-15,7% and contributing -0,6 of a percentage point);

·         manganese ore (-7,3% and contributing -0,5 of a percentage point); and

·         PGMs (-2,0% and contributing -0,5 of a percentage point).

 

Seasonally adjusted mining production increased by 1,5% in September 2019 compared with August 2019. This followed month-on-month changes of 0,0% in August 2019 and -5,1% in July 2019.

 

Seasonally adjusted mining production decreased by 1,6% in the third quarter of 2019 compared with the second quarter of 2019. The largest negative contributor was PGMs (-8,2% and contributing -2,0 percentage points).

 

Key findings regarding mineral sales

Mineral sales increased by 15,0% year-on-year in September 2019. The largest positive contributors were:

·         gold (94,9% and contributing 8,7 percentage points);

·         PGMs (22,4% and contributing 5,5 percentage points);

·         iron ore (27,2% and contributing 2,6 percentage points); and

·         ‘other’ metallic minerals (39,8% and contributing 1,3 percentage points).

 

Seasonally adjusted mineral sales at current prices increased by 0,8% in September 2019 compared with August 2019. This followed month-on-month changes of -1,4% in August 2019 and 3,3% in July 2019.

 

In the third quarter of 2019 the seasonally adjusted value of mineral sales at current prices was 1,1% higher compared with the second quarter of 2019.