https://www.miningweekly.com

June mining production up 4% y/y

25th August 2015

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

  

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JOHANNESBURG (miningweekly.com) – South Africa’s mining production rose 4% year-on-year in June, mainly owing to higher platinum-group metals (PGMs), manganese ore, diamonds and chromium ore production.

Speaking to Mining Weekly Online, Statistics South Africa deputy director-general of economic statistics Joe de Beer attributed the rise mainly to the recovery of production following strikes in the first half of 2014.

“We are now just returning to the prestrike figures,” he noted.

Seasonally adjusted mining production increased by 1.1% month-on-month in June, but output for the three months ended June was 2% lower than that produced in the three months ended March.

Meanwhile, mineral sales increased by 5.7% year-on-year in May, with the highest positive contributions stemming from PGMs, other nonmetallic minerals and gold.

Iron-ore sales, however, fell by 36.9% year-on-year, while iron-ore production for June was 21% lower year-on-year.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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