Coal drags but mining production still on the up
JOHANNESBURG – Mining production was up 1.3% for January 2017, compared to levels a year ago, according to data from Statistics South Africa (Stats SA).
Stats SA released the mining and sales data for January 2017 on Tuesday. Mining production was up 1.7% from December 2016, an uptick from a downward trend reported previously.
The main drivers of this increase include manganese ore, up 20% and contributing 1.2 percentage points to overall production, and iron-ore, which was up 7.3%, also contributing 1.2 percentage points to production.
However, coal production was down 5.5% and was a “significant” negative contributor to overall production.
Seasonally, production was down 5.2% for the three months leading up to January 2017, the statistics revealed. The largest negative contributors for the three months were platinum group metals (PGMs), which contributed -2 percentage points to the decline, and iron-ore, which contributed -1.9 percentage points.
Mineral sales
Mineral sales increased by 23% in December 2016, compared to the previous year. Manganese ore sales were up 317.7%, followed by chromium ore (195.5%), iron-ore (64.7%) and coal (13.9%).
However, copper sales decreased 63.3% from the previous year; gold sales were down too by 10.6%, followed by nickel which was down 5.3% and PGMs (-4.2%).
Comments
Press Office
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