https://newsletter.en.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

Yearly South African mining production fell by 0.9% in November

21st January 2025

By: Darren Parker

Creamer Media Senior Contributing Editor Online

     

Font size: - +

Mining production decreased by 0.9% year-on-year in November last year, Statistics South Africa (Stats SA) has revealed in its latest mining production update, published on January 21.

The largest negative contributors to this decline were gold, iron-ore, coal and diamonds.

Gold fell by 11.5% and contributed -1.5 percentage points, while iron-ore decreased by 3.8% and contributed -0.5 of a percentage point. Coal dropped by 1.6% and contributed -0.3 of a percentage point, along with diamonds, which declined by 11.4% and contributed -0.2 of a percentage point.

In contrast, positive contributions were observed in the production of platinum group metals (PGMs), which rose by 4% and contributed 1.3 percentage points, and chromium ore, which increased by 15.6% and contributed 0.7 of a percentage point.

Stats SA reported that seasonally adjusted mining production numbers indicated a decrease of 0.2% in November compared with October. This decline followed month-on-month changes of -2.8% in October last year and an increase of 4.2% in September.

Over the three months ending November, seasonally adjusted mining production increased by 4% compared with the previous three months. The largest positive contributors to this three-month increase were PGMs, which grew by 7.2% and contributed 2.2 percentage points; iron-ore, which rose by 9.4% and contributed 1.3 percentage points; and coal, which increased by 2.7% and contributed 0.6 of a percentage point.

Mineral sales at current prices showed an increase of 8.1% year-on-year in November last year. The largest positive contributors to this growth were gold, coal and PGMs.

Gold surged by 93.4% and contributed 11.4 percentage points, while coal increased by 8.5% and contributed 2.1 percentage points, and PGMs rose by 4.3% and contributed one percentage point.

The largest negative contributor was iron-ore, which fell by 28.2% and contributed –4.4 percentage points.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 
Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Metals and engineering industry taking strain
Metals and engineering industry taking strain
28th February 2025 By: Creamer Media Reporter
Magazine round up | 28 February 2025
Magazine round up | 28 February 2025
28th February 2025

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:0.14 0.23s - 167pq - 2rq
Subscribe Now