https://newsletter.mw.creamermedia.com
Africa|Coal|Diamonds|Gold|Iron Ore|Mining|Platinum
Africa|Coal|Diamonds|Gold|Iron Ore|Mining|Platinum
africa|coal|diamonds|gold|iron-ore|mining|platinum

South Africa's mining ouptut down 2.6% y/y in March

11th May 2023

By: Creamer Media Reporter

     

Font size: - +

South Africa's mining production decreased by 2.6% year-on-year in March, with the diamonds and platinum-group metals (PGMs) having been the biggest contributors.

Diamond output was 54.7% lower year-on-year, contributing -3.3 percentage points to the overall figure, while PGMs output decreased by 9.1%, contributing -2.2 percentage points to the overall figure.

The largest positive contributors were gold, with a 21.6% increase in production and a 2.8 percentage point contribution; and manganese ore, with a 23.1% increase in output and a 1.4 percentage point contribution to the overall number.

Seasonally adjusted mining production increased by 6.5% month-on-month in March.

This followed month-on-month changes of -7% in February and 3.8% in January.

Seasonally adjusted mining production increased by 1% in the first quarter of the year, compared with the fourth quarter of 2022.

The largest positive contributors were gold (4.2% and contributing 0.7 of a percentage point); PGMs (3.1% and contributing 0.7 of a percentage point); iron-ore (4.6% and contributing 0.5 of a percentage point) and manganese ore (6.9% and contributing 0.5 of a percentage point).

Statistics South Africa further reports that mineral sales at current prices decreased by 15.1% year-on-year in March.

The largest negative contributors were: PGMs (-36.2% and contributing -13.1 percentage points); coal (-23% and contributing -6 percentage points) and gold (-20.9% and contributing -2.2 percentage points).

Chromium ore (63% and contributing 2.2 percentage points) and manganese ore (41% and contributing 1.7 percentage points) were significant positive contributors.

Seasonally adjusted mineral sales at current prices decreased by 2.8% month-on-month. This followed month-on-month changes of -1.2% in February 2023 and -0.8 in January

In the first quarter of this year, the seasonally adjusted value of mineral sales at current prices was 0.2% higher than in the fourth quarter of 2022.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025
BOLSTERING PRESENCE
The project is set to bolster Namibia’s position as one of the world’s leading uranium producers
Uranium mine moving closer to production
21st February 2025 By: Simone Liedtke

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:0.141 0.215s - 138pq - 2rq
Subscribe Now