Mining production in South Africa advanced 21.9 percent from a year earlier in May of 2021, following a revised record 117.4 percent rise in the prior month and below market expectations of a 32.8 percent growth. It was the third straight month of rising mining activity, reflecting the gradual recovery from the Covid-19 shock a year before. The largest positive contributors were PGMs (27 percent), gold (44.5 percent), iron ore (48.4 percent) and manganese ore (39.7 percent). On a seasonally adjusted monthly basis, mining production fell 3.5 percent, after a downwardly revised 0.2 percent increase in the prior month. source: Statistics South Africa

Mining Production in South Africa averaged 0 percent from 1981 until 2021, reaching an all time high of 116.50 percent in April of 2021 and a record low of -50.70 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 July of 2021.

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 2.50 in 12 months time. In the long-term, the South Africa Mining Production is projected to trend around 2.00 percent in 2022 and 3.00 percent in 2023, according to our econometric models.

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South Africa Mining Production

Actual Previous Highest Lowest Dates Unit Frequency
21.90 117.40 117.40 -50.70 1981 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-10 09:30 AM Mining Production YoY Apr 116.5% 22.5% 105% 75%
2021-06-10 09:30 AM Mining Production MoM Apr 0.3% 4.7% 4%
2021-07-13 09:30 AM Mining Production YoY May 21.9% 117.4% 32.8% 50%
2021-07-13 09:30 AM Mining Production MoM May -3.5% 0.2% 1%
2021-08-12 09:30 AM Mining Production YoY Jun 21.9%
2021-08-12 09:30 AM Mining Production MoM Jun -3.5%
2021-09-14 09:30 AM Mining Production MoM Jul
2021-09-14 09:30 AM Mining Production YoY Jul


News Stream
South Africa Mining Output Grows Less than Expected
Mining production in South Africa advanced 21.9 percent from a year earlier in May of 2021, following a revised record 117.4 percent rise in the prior month and below market expectations of a 32.8 percent growth. It was the third straight month of rising mining activity, reflecting the gradual recovery from the Covid-19 shock a year before. The largest positive contributors were PGMs (27 percent), gold (44.5 percent), iron ore (48.4 percent) and manganese ore (39.7 percent). On a seasonally adjusted monthly basis, mining production fell 3.5 percent, after a downwardly revised 0.2 percent increase in the prior month.
2021-07-13
South Africa Mining Output Jumps at Record Pace
Mining production in South Africa jumped 116.5 percent from a year earlier in April of 2021, following an upwardly revised 22.5 percent rise in the previous month and much higher than market expectations of a 105 percent rise. It is the biggest increase ever, amid low base effects from last year when mining fell at a record 50.7 percent due to the coronavirus pandemic. The largest contributions came from platinum group metals (276.1 percent); gold (177.9 percent); manganese ore (208.2 percent); and iron ore (149.1 percent). On a monthly basis, mining production edged up 0.3 percent, below a 4.7 percent jump in March.
2021-06-10
South Africa Mining Output Rises More than Expected
Mining production in South Africa grew 21.3 percent from a year earlier in March of 2021, following a revised 2.3 percent fall in the previous month and beating market expectations of a 3.9 percent rise. It was the first increase in mining activity since February of 2020 and the sharpest since March of 2015, mainly due to a low base comparison from the previous year at the onset of the pandemic crisis. The largest positive contributions came from PGMs (68.6 percent vs -0.9 percent in February); iron ore (47.9 percent vs 27.8 percent); manganese ore (29.9 percent vs 21.5 percent) and gold (10.5 percent vs -9.1 percent). On a seasonally adjusted monthly basis, mining production advanced 4.5 percent, after a downwardly revised 0.9 percent increase in the prior month.
2021-05-13
South Africa Mining Sector Posts 1st Gain in a Year
Mining production in South Africa increased 0.8 percent from a year earlier in February of 2021, following an upwardly revised 8.4 percent slump in the previous month. It was the first month of growth in mining activity since February of last year. The largest positive contributions came from iron ore (65.7 percent vs -5.6 percent in January); manganese ore (21.6 percent vs 23.6 percent) and other non-metallic minerals (12.6 percent vs -20.2 percent). On a seasonally adjusted monthly basis, mining production rose 3.8 percent, after a downwardly revised 3.9 percent advance in the previous month.
2021-04-13

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).