Mining production in South Africa rose 1.8 year-on-year in December 2019, rebounding from a downwardly revised 1 percent fall in November, beating market expectations of a 3.15 percent decline and despite the country's deepest power cuts yet. Gold production went up 24.9 percent, its biggest increase since January 2016, following a 4.5 percent rise in November. Also, output advanced further for other non-metallic minerals (24.1 percent vs 13.2 percent); chromium ore (26.6 percent vs 2.3 percent); and other metallic minerals (39 percent vs 33.1 percent). In addition, production dropped less for PGM’s (-3.9 percent vs -13.1 percent); building materials (-7.2 percent vs -15.2 percent); nickel (-6.9 percent vs -14.9 percent); and copper (-10.2 percent vs -13.3 percent). On a monthly basis, mining production went down 2.4 percent, after a downwardly revised 1.8 percent decline in November. Considering full 2019, mining output fell 1.3 percent, compared to a 2.1 percent decrease in 2018.

Mining Production in South Africa averaged -0.09 percent from 1981 until 2019, reaching an all time high of 23.20 percent in October of 2013 and a record low of -17.40 percent in March of 2016. This page provides - South Africa Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Statistics South Africa

Mining Production in South Africa is expected to be -1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in South Africa to stand at 1.10 in 12 months time. In the long-term, the South Africa Mining Production is projected to trend around 1.40 percent in 2021, according to our econometric models.


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South Africa Mining Production

Actual Previous Highest Lowest Dates Unit Frequency
1.80 -1.00 23.20 -17.40 1981 - 2019 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-01-16 09:30 AM Mining Production MoM Nov -3.5% 1.7% 1.3%
2020-01-16 09:30 AM Mining Production YoY Nov -3.1% -2.1% -1.25% -1.6%
2020-02-13 09:30 AM Mining Production YoY Dec 1.8% -1% -3.15% -6%
2020-02-13 09:30 AM Mining Production MoM Dec -2.4% -1.8% -4.5%
2020-03-12 09:30 AM Mining Production MoM Jan -2.4% -0.9%
2020-03-12 09:30 AM Mining Production YoY Jan 1.8% 1.2%
2020-04-09 09:30 AM Mining Production YoY Feb 0.6%
2020-04-09 09:30 AM Mining Production MoM Feb 1.4%


News Stream
South Africa Mining Output Unexpectedly Rebounds
Mining production in South Africa rose 1.8 year-on-year in December 2019, rebounding from a downwardly revised 1 percent fall in November, beating market expectations of a 3.15 percent decline and despite the country's deepest power cuts yet. Gold production went up 24.9 percent, its biggest increase since January 2016, following a 4.5 percent rise in November. Also, output advanced further for other non-metallic minerals (24.1 percent vs 13.2 percent); chromium ore (26.6 percent vs 2.3 percent); and other metallic minerals (39 percent vs 33.1 percent). In addition, production dropped less for PGM’s (-3.9 percent vs -13.1 percent); building materials (-7.2 percent vs -15.2 percent); nickel (-6.9 percent vs -14.9 percent); and copper (-10.2 percent vs -13.3 percent). On a monthly basis, mining production went down 2.4 percent, after a downwardly revised 1.8 percent decline in November. Considering full 2019, mining output fell 1.3 percent, compared to a 2.1 percent decrease in 2018.
2020-02-13
South Africa Mining Output Falls the Most in 9 Months
Mining production in South Africa fell 3.1 percent year-on-year in November 2019, following a downwardly revised 2.1 percent decline in the previous month and compared with market expectations of a 1.25 percent decrease. It was the largest decline in mining production in nine months, as output dropped further for coal (-2.8 percent vs -0.6 percent in October); PGM’s (-13.5 percent vs -6.2 percent); building materials (-13 percent vs -9.5 percent); and nickel (-14.9 percent vs -0.5 percent). Also, production of iron ore dropped 7.5 percent, after rising 11.1 percent in October. Additionally, output growth slowed for other metallic minerals (14.3 percent vs 35 percent) and other non-metallic minerals (20.5 percent vs 30.4 percent). Meanwhile, gold production rebounded (5.2 percent vs -1.4 percent). On a monthly basis, mining output went down 3.5 percent, after increasing an upwardly revised 1.7 percent gain in the prior month.
2020-01-16
South Africa Mining Output Falls More than Expected
Mining production in South Africa dropped 2.9 percent year-on-year in October 2019, following a downwardly revised 0.6 percent fall in the previous month and compared with market expectations of a 1.8 percent decline. The largest downward contributions came from production of copper (-41.4 percent); diamonds (-39.9 percent); manganese (-12.5 percent); PGM’s (-4.8 percent); chromium (-2 percent); coal (-1.5 percent); and gold (-1.2 percent). On the other hand, positive contributors were iron ore (11.1 percent); and nickel (1.5 percent). On a monthly basis, mining production rose 1 percent, slowing from a 1.1 percent gain in the prior month.
2019-12-12
South Africa Mining Production Unexpectedly Rises
Mining production in South Africa edged up 0.2 percent year-on-year in September of 2019, following a downwardly revised 3 percent drop in August and beating market expectations of a 2.2 percent decline. The largest positive contributions came from production of iron ore (8.2 percent); other non-metallic minerals (13.6 percent); and other metallic minerals (38 percent). In contrast, the largest downward contributors were diamonds (-15.7 percent); manganese ore (-7.3 percent); and PGMs (-2 percent). On a monthly basis, mining output went up 1.5 percent, rebounding from a flat reading in August. Considering the three months to September, mining production declined 1.6 percent over the previous period, after rising 4.1 percent in the second quarter of the year.
2019-11-14

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).