Mining production in South Africa fell 3.3% year-on-year in August of 2020, following a downwardly revised 6.5% slump in the previous month. It was the sixth consecutive month of declines in mining activity but at the softest pace in the current sequence, helped by the further easing in lockdown restrictions. Output shrank less for coal (-4% vs -8.4% in July); other non-metallic minerals (-6.1% vs -7.4%); chromium ore (-20.4% vs -35%) and iron ore (-18.1% vs -18.3%). In addition, production advanced faster for PGMs (12.7% vs 4.6%) and diamonds (35% vs 14.1%). On a seasonally adjusted monthly basis, mining production rose 6.8%, decelerating sharply from an upwardly revised 20.3% jump in the previous month. source: Statistics South Africa

Mining Production in South Africa averaged -0.31 percent from 1981 until 2020, reaching an all time high of 23.20 percent in October of 2013 and a record low of -50.20 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 October of 2020.

Mining Production in South Africa is expected to be -10.00 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 3.80 in 12 months time. In the long-term, the South Africa Mining Production is projected to trend around 1.20 percent in 2021 and 1.40 percent in 2022, according to our econometric models.

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South Africa Mining Production

Actual Previous Highest Lowest Dates Unit Frequency
-3.30 -6.50 23.20 -50.20 1981 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-10 09:30 AM Mining Production YoY Jul -9.1% -27.2% -21.2% -24%
2020-09-10 09:30 AM Mining Production MoM Jul 20.2% -1.9% 3%
2020-10-13 09:30 AM Mining Production MoM Aug 6.8% 20.3% 15%
2020-10-13 09:30 AM Mining Production YoY Aug -3.3% -6.5% -4.5%
2020-11-12 09:30 AM Mining Production MoM Sep 6.8% 12%
2020-11-12 09:30 AM Mining Production YoY Sep -3.3% 7%
2020-12-11 09:30 AM Mining Production YoY Oct
2020-12-11 09:30 AM Mining Production MoM Oct


News Stream
South Africa Mining Sector Contraction Slows in August
Mining production in South Africa fell 3.3% year-on-year in August of 2020, following a downwardly revised 6.5% slump in the previous month. It was the sixth consecutive month of declines in mining activity but at the softest pace in the current sequence, helped by the further easing in lockdown restrictions. Output shrank less for coal (-4% vs -8.4% in July); other non-metallic minerals (-6.1% vs -7.4%); chromium ore (-20.4% vs -35%) and iron ore (-18.1% vs -18.3%). In addition, production advanced faster for PGMs (12.7% vs 4.6%) and diamonds (35% vs 14.1%). On a seasonally adjusted monthly basis, mining production rose 6.8%, decelerating sharply from an upwardly revised 20.3% jump in the previous month.
2020-10-13
South Africa Mining Output Falls Less than Expected
Mining production in South Africa shrank 9.1% year-on-year in July of 2020, following a downwardly revised 27.2% in June and surprising markets who expected a 21.2% slump. It was the fifth consecutive month of downturn in mining activity but at the softest pace in the current sequence, amid the easing in lockdown restrictions. Output fell less for gold (-10.2% vs -16.6% in June); iron ore (-19% vs -53.9%); chromium ore (-32.5% vs -42.4%) and coal (-8.5% vs -10.9%). In addition, production rebounded for PGMs (4.6% vs -41.6%); nickel (4% vs -20.3%); copper (0.3% vs -22.4%) and manganese ore (1.8% vs -9%). Also, stronger gains were recorded for diamonds (13.8% vs 3.8%) and other metallic minerals (4% vs 2.6%). On a seasonally adjusted monthly basis, industrial production surged 20.2% after an upwardly revised 1.9% decline in the prior month.
2020-09-10
South Africa Mining Output Plunges Further in June
Mining production in South Africa slipped 28.2% from a year ago in June of 2020, following a downwardly revised 27.6% fall in May. It was the fourth consecutive month of downturn in mining activity and steeper than in May, as miners continued to face difficulties even after some lockdown restrictions were lifted. Main downward pressure came from PGMs (-42.5% vs -26.4% in May); iron ore (-54.2% vs -60.1%); chromium ore (-47.8% vs -53.8%); coal (-10.9% vs -9.7%), gold (-17% vs -21.8%) and other non-metallic minerals (-38.2% vs -43.8%). On a seasonally adjusted monthly basis, mining output was down 1.4%, after an upwardly revised 46.6% surge in the previous month.
2020-08-13
South Africa Mining Output Falls at Softer Pace in May
Mining production in South Africa plunged 29.8% year-on-year in May of 2020, following an upwardly revised 50.3% slump in the previous month. It was the third consecutive month of declines in mining activity but at a softer pace, amid the gradual easing of lockdown restrictions. Output fell less in all categories: gold (-20.3% vs -60.2% in April); iron ore (-66.3% vs -69.1%); chromium ore (-58.1% vs -81.2%); copper (-66% vs -93.9%); coal (-9.6% vs -10%); manganese ore (-45.4% vs -60.3%); PGMs (-27.3% vs -65.4%); nickel (-25.7% vs -86%); other metallic minerals (-19.5% vs -60.8%); diamonds (-5.3% vs -66.4%); building materials (-54.1% vs -61.7%) and other non-metallic minerals (-46.7% vs -47.5%). On a seasonally adjusted monthly basis, mining production jumped 44%, reversing an upwardly revised 36.8% plunge in the previous month.
2020-07-14

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).