Mining production of South Africa increased in November

  • Thursday, January 16, 2014
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  • Keywords:Mining production South Africa chrome ore Nove
[Fellow]MINING production rose 5.1% year on year in Novemb
MINING production rose 5.1% year on year in November after an upwardly revised 23% (22%) year-on-year increase in October‚ data released by Statistics South Africa showed on Tuesday.
 
The highest positive growth rates were recorded for gold (35.5%), manganese ore (33.6%) and diamonds (27.0%).
The main contributors to the 5.1% increase were gold (contributing 4.2 percentage points); manganese ore (1.5 percentage points); and iron ore (1.3 percentage points).
 
Seasonally adjusted mining production decreased by 2.9% in November 2013 compared with October 2013. This followed month-on-month changes of 7.4% in October 2013 and -4% in September 2013.
 
Seasonally adjusted mining production decreased by 0.1% in the three months ended November 2013 compared with the previous three months. The main contributor to the 0.1% decrease was iron ore (contributing -0.9 of a percentage point).
 
Mineral sales increased by 16.9% year on year in October 2013, with the highest positive growth rates recorded for chromium ore (107.4%), copper (61.7%) and iron ore (35.4%).
 
The major contributors to the 16.9% increase were platinum group metals, contributing 5.4 percentage points; and iron ore and coal, each contributing 5.1 percentage points.
 
Seasonally adjusted mineral sales at current prices increased by 3.0% in October 2013 compared with September 2013 following month-on-month changes of -8% in September 2013 and 8.4% in August 2013.
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