South Africa's mining output up 3.9% y/y in October
South Africa's mining production increased by 3.9% year-on-year in October, with platinum group metals (PGMs), manganese ore and chromium ore having made the largest positive contributions.
PGMs production increased by 16.9% year-on-year (contributing four percentage points to the overall figure), while manganese ore output was up 8.9% year-on-year (contributing 0.7 of a percentage point) and chromium ore by 13.8% (contributing 0.6 of a percentage point).
Seasonally adjusted mining production increased by 2.1% month-on-month in October, Statistics South Africa's data shows.
This followed month-on-month changes of -0.1% in September and 0.9% in August.
Further, seasonally adjusted mining production increased by 0.7% in the three months ended October 31, compared with the previous three months. The largest positive contributors were coal (3.5% and contributing 0.8 of a percentage point) and PGMs (2% and contributing 0.5 of a percentage point).
Gold (-5.1% and contributing -0.8 of a percentage point) was a significant negative contributor.
Meanwhile, mineral sales at current prices decreased by 0.7% year-on-year in October.
The largest negative contributors were PGMs (-32.1% and contributing -10.5 percentage points) and coal (-18.2% and contributing -5.3 percentage points).
Seasonally adjusted mineral sales at current prices increased by 12.6% month-on-month in October. This followed month-on-month changes of -4.1% in September and 6.9% in August.
Mineral sales at current prices decreased by 1.3% in the three months ended October 31, compared with the previous three months.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
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