South Africa's August mining output down 12.7% y/y on lower PGMs, coal, iron-ore production
Statistics South Africa (Stats SA) reports that the country's mining production decreased by 12.7% year-on-year in August, with platinum group metals (PGMs), coal and iron-ore having made the largest negative contributions.
PGMs production contracted by 22.5%, contributing -6.1 percentage points to the overall figure. Coal production decreased by 11.7%, contributing -3 percentage points and iron-ore output was down by 16.2%, contributing -2.4 percentage points.
Further, seasonally adjusted mining production decreased by 5.4% month-on-month in August. This followed month-on-month changes of -1.9% in July and 0.4% in June.
In addition, seasonally adjusted mining production decreased by 5.2% in the three months ended August 31, compared with the previous three months. The largest negative contributors were PGMs (-14.4% and contributing -4.1 percentage points); iron-ore (-5.7% and contributing -0.8 of a percentage point); and diamonds (-23% and contributing -0.4 of a percentage point).
Meanwhile, Stats SA reports that mineral sales at current prices decreased by 15.1% year-on-year in August, with the largest negative contributors being gold (-48.6% and contributing -8.6 percentage points); iron-ore (-23% and contributing -2.4 percentage points); PGMs (-7.5% and contributing -1.9 percentage points); and coal (-7.8% and contributing -1.9 percentage points).
Seasonally adjusted mineral sales at current prices decreased by 7.9% month-on-month in August. This followed month-on-month changes of -13.7% in July and 1.1% in June.
Seasonally adjusted mineral sales at current prices decreased by 13.3% in the three months ended August 31, compared with the previous three months.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Latest Multimedia
Latest News
Showroom
Columbus Stainless, based in Middelburg, Mpumalanga, is Africa’s only producer of stainless steel flat products. In addition, Columbus is the only...
VISIT SHOWROOM
AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
