Mining production in South Africa shrank 3.2 percent from a year ago in August 2019, following a downwardly revised 1.4 percent rise in July and against market estimates of a 1.9 percent gain. Output declined for PGMs (-12.5 percent vs 2.9 percent); diamonds (-29.8 percent vs -35.6 percent); coal (-3.4 percent vs 8.7 percent); gold (-5.4 percent vs -13.4 percent); iron ore (-7.8 percent vs 9.6 percent) and building materials (-3.5 percent vs 0.3 percent). In addition, production rose less for nickel (0.4 percent vs 18.9 percent); other metallic minerals (35.4 percent vs 56.9 percent). Meanwhile, higher output was recorded for copper (176.5 percent vs -23.8 percent); manganese ore (34.3 percent vs 16.9 percent); other non-metallic minerals (10.9 percent vs 4.5 percent) and chromium ore (0.7 percent vs -8.6 percent). On a seasonally adjusted monthly basis, mining production went up 0.3 percent, recovering slightly from an upwardly revised 4.9 percent slump in the prior month. 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.

Mining Production in South Africa is expected to be -3.00 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 1.30 in 12 months time. In the long-term, the South Africa Mining Production is projected to trend around 1.40 percent in 2020, according to our econometric models.

South Africa Mining Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-09-12 09:30 AM Mining Production YoY Jul 2.4% -4.1% 4.2% -1.0%
2019-09-12 09:30 AM Mining Production MoM Jul -3.8% 3% 2.7%
2019-10-10 09:30 AM Mining Production MoM Aug 0.3% -4.9% -3.5%
2019-10-10 09:30 AM Mining Production YoY Aug -3.2% 1.4% 1.9% 0.8%
2019-11-14 09:30 AM Mining Production MoM Sep 0.3% -1.0%
2019-11-14 09:30 AM Mining Production YoY Sep -3.2% 0.9%
2019-12-12 09:30 AM Mining Production YoY Oct -2.2%


South Africa Business Last Previous Highest Lowest Unit
Business Confidence 21.00 28.00 92.00 12.00 Index Points [+]
Manufacturing PMI 41.60 45.70 60.87 35.09 [+]
Industrial Production -1.80 -0.70 18.50 -23.20 percent [+]
Industrial Production Mom 1.30 0.80 9.10 -8.70 percent [+]
Capacity Utilization 81.70 81.70 86.20 76.90 percent [+]
Changes in Inventories 25999.00 -13686.00 66699.00 -59774.00 ZAR Million [+]
Bankruptcies 176.00 183.00 511.00 63.00 Companies [+]
Total Vehicle Sales 49191.00 45537.00 65689.00 18482.00 [+]
Car Registrations 33139.00 29003.00 43659.00 5155.00 [+]
Leading Economic Index 0.70 -0.80 4.70 -3.70 percent [+]
Internet Speed 6736.79 6595.61 6736.79 685.91 KBps [+]
IP Addresses 4274668.00 3727821.00 6727656.00 520279.00 IP [+]
Mining Production -3.20 1.40 23.20 -17.40 percent [+]
Steel Production 434.00 464.40 885.00 182.00 Thousand Tonnes [+]
Coincident Index 92.40 89.10 141.17 88.12 Index Points [+]
Competitiveness Index 62.44 60.76 62.44 4.31 Points [+]
Competitiveness Rank 60.00 67.00 67.00 35.00 [+]
Composite Pmi 49.20 49.70 52.70 46.40 [+]
Ease of Doing Business 82.00 82.00 82.00 32.00 [+]
Electricity Production 21481.00 22530.00 23801.00 10439.00 Gigawatt-hour [+]
Corruption Index 43.00 43.00 56.80 41.00 Points [+]
Corruption Rank 73.00 71.00 73.00 23.00 [+]
Gold Production -5.40 -13.40 75.70 -47.10 percent [+]


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). This page provides - South Africa Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Mining Production - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3.20 1.40 23.20 -17.40 1981 - 2019 percent Monthly
NSA




Country Last Previous
Australia 6.50 Jun/19
Brazil -1.70 Aug/19
Canada -4.36 Jul/19
China 3.70 Aug/19
Euro Area -8.40 Jul/19
France -3.10 Aug/19
Germany -14.50 Aug/19
India 0.10 Aug/19
Italy 0.30 Jul/19
Japan -8.90 Aug/19
Mexico -3.18 Aug/19
Netherlands -9.70 Aug/19
Russia 3.10 Aug/19
Saudi Arabia 7.30 Dec/18
South Africa -3.20 Aug/19
South Korea -2.90 Jul/19
Spain 5.40 Aug/19
Switzerland -1.00 Jun/19
Turkey 7.80 Jul/19
United Kingdom -7.50 Aug/19
United States 5.10 Aug/19


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