Mining production in South Africa slumped by 8% year-on-year in June of 2022, after a downwardly revised 7.2% decline in the previous month and compared with market forecasts of a 5% fall. It marks the fifth consecutive month of a downturn in mining activity, amid the lingering effects of a three-month strike in the gold sector and also load-shedding. The largest negative contributors were gold (-28.6% vs -28.1% in May); PGMs (-9.8% vs 4.2%) and coal (-6% vs -6.9%). Meanwhile, output increased significantly for diamonds (32.4% vs -0.3%); copper (21.6% vs 17.6%) and other metallic minerals (24% vs 2.9%). On a seasonally adjusted monthly basis, mining production went down by 1.4%, following an upwardly revised 1.2% increase in the prior month. source: Statistics South Africa

Mining Production in South Africa averaged 0 percent from 1981 until 2022, reaching an all time high of 119.60 percent in April of 2021 and a record low of -50.60 percent in April of 2020. This page provides - South Africa Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Mining Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Mining Production in South Africa is expected to be -6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Mining Production is projected to trend around 2.30 percent in 2023 and 3.00 percent in 2024, according to our econometric models.

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South Africa Mining Production



Calendar GMT Actual Previous Consensus TEForecast
2022-08-11 09:30 AM Mining Production YoY Jun -8% -7.2% -5% -5.4%
2022-08-11 09:30 AM Mining Production MoM Jun -1.4% 1.2% 1.2%
2022-09-13 09:30 AM Mining Production MoM Jul -1.4%


Related Last Previous Unit Reference
Industrial Production Mom -1.50 0.20 percent Jun 2022
Industrial Production -3.50 -1.80 percent Jun 2022
Changes in Inventories -3756.00 -25046.00 ZAR Million Mar 2022
Bankruptcies 145.00 188.00 Companies Jun 2022
Mining Production -8.00 -7.20 percent Jun 2022
Gold Production -28.60 -28.10 percent Jun 2022
Electricity Production 20485.00 20587.00 Gigawatt-hour Jun 2022

South Africa Mining Production
In South Africa, the index of the volume of mining production is a statistical measure of the change in the volume of production. Coal is the most important sector and accounts for 24 percent of total mining production, followed by PGMs (23 percent); gold (16 percent); iron ore (12 percent); other non-metallic minerals (6 percent); diamonds (4 percent); manganese ore and chromium ore (3 percent each); other metallic minerals, building materials and nickel (2 percent each), and copper (1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
-8.00 -7.20 119.60 -50.60 1981 - 2022 percent Monthly
NSA

News Stream
South Africa Mining Output Falls More than Expected
Mining production in South Africa slumped by 8% year-on-year in June of 2022, after a downwardly revised 7.2% decline in the previous month and compared with market forecasts of a 5% fall. It marks the fifth consecutive month of a downturn in mining activity, amid the lingering effects of a three-month strike in the gold sector and also load-shedding. The largest negative contributors were gold (-28.6% vs -28.1% in May); PGMs (-9.8% vs 4.2%) and coal (-6% vs -6.9%). Meanwhile, output increased significantly for diamonds (32.4% vs -0.3%); copper (21.6% vs 17.6%) and other metallic minerals (24% vs 2.9%). On a seasonally adjusted monthly basis, mining production went down by 1.4%, following an upwardly revised 1.2% increase in the prior month.
2022-08-11
South Africa Mining Output Falls Less than Expected
Mining production in South Africa shrank by 7.8% year-on-year in May of 2022, after a downwardly revised 14.8% slump in the previous month and compared with market forecasts of a 10.85% plunge. It marks the fourth consecutive month of a downturn in mining activity, pressured by load-shedding and a three-month strike in the gold sector. Output continued to fall significantly for gold (-28.3% vs -27.8% in April), manganese ore (-14.5% vs -10.4%), coal (-7.3% vs -13.4%) and iron ore (-7.6% vs -0.4%). On a seasonally adjusted monthly basis, mining production went up by 0.7%, following a downwardly revised 3.6 percent decline in the prior month.
2022-07-14
South Africa Mining Output Falls More than Expected
Mining production in South Africa slumped by 14.9 percent year-on-year in April of 2022, after a downwardly revised 7.5 percent fall in the previous month and worse than market forecasts of a 5 percent decline. It marks the third consecutive month of a downturn in mining activity and at the steepest pace since June of 2020, mainly due to the ongoing power crisis. The largest negative contributors were PGMs (-22.6 percent), coal (-14.7 percent), gold (-27.8 percent) and manganese ore (-10.4 percent). On a seasonally adjusted monthly basis, mining production shrank 4.3 percent, following an upwardly revised 3.2 percent rise in the prior month.
2022-06-09