IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Key findings regarding mining production

The COVID-19 pandemic and lockdown regulations since 27 March 2020 have had an extensive impact on economic activity.

Mining production decreased by 28,2% year-on-year in June 2020. The largest negative contributors were:

·         PGMs (-42,5% and contributing -10,6 percentage points);

·         iron ore (-54,2% and contributing -6,7 percentage points);

·         coal (-10,9% and contributing -2,7 percentage points); and

·         ‘other’ non-metallic minerals (-38,2% and contributing -2,4 percentage points).

Seasonally adjusted mining production decreased by 1,4% in June 2020 compared with May 2020. This followed month-on-month changes of 46,6% in May 2020 and -37,8% in April 2020.

Seasonally adjusted mining production decreased by 30,2% in the second quarter of 2020 compared with the first quarter of 2020. The largest contributors were PGMs (-43,1% and contributing -10,4 percentage points), gold (-37,0% and contributing -5,0 percentage points), iron ore (-51,2% and contributing -4,9 percentage points), chromium ore (-56,8% and contributing -2,3 percentage points) and coal (-7,8% and contributing -2,1 percentage points).

Key findings regarding mineral sales

Mineral sales decreased by 14,2% year-on-year in June 2020. The largest contributors were:

·         gold (-45,0% and contributing -5,5 percentage points);

·         coal (-9,9% and contributing -2,4 percentage points);

·         ‘other’ non-metallic minerals (-26,5% and contributing -1,2 percentage points); and

·         PGMs (-4,5% and contributing -1,1 percentage points).

Seasonally adjusted mineral sales at current prices decreased by 5,1% in June 2020 compared with May 2020. This followed month-on-month changes of 27,9% in May 2020 and -37,0% in April 2020.