https://www.miningweekly.com

Mining production growth slows to 0.9% y/y in July

7th September 2017

By: Anine Kilian

Contributing Editor Online

     

Font size: - +

JOHANNESBURG (miningweekly.com) – Mining production growth slowed to 0.9% year-on-year in July, compared with production growth of 1.3% year-on-year in June.

Statistics South Africa’s (Stats SA’s) latest mining production report, published on Thursday, showed that manganese ore, chromium ore, diamonds and gold were the main contributors to the increase.

Iron-ore and platinum-group metals (PGMs) were negative contributors, each decreasing by 5%.

Coal production was down 1.9% year-on-year.

Seasonally adjusted mining production decreased by 0.4% month-on-month in July.

Seasonally adjusted mining production increased by 0.1% in the three months ended July 31, compared with the previous three months.

Diamonds were the largest positive contributor and PGMs the largest negative contributor.

Nedbank commented that mining activity had rebounded from the low base in 2016, but cautioned that the longer-term prospects remained less certain as a result of a difficult operating environment and policy uncertainty.

Mineral sales decreased by 3.9% year-on-year in June 2017.

Seasonally adjusted mineral sales at current prices decreased by 1.4% month-on-month in June.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.202 0.238s - 106pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: