Mining production in South Africa shrank by 4.5% year-on-year in September of 2022, after an upwardly revised 6.4% drop in the previous month and compared with market forecasts of a 4.05% slump. It marks the eighth consecutive month of falling mining activity, hampered by strikes and ongoing power cuts. Output declined mostly for iron ore (-23.1% vs -15% in August) and gold (-12.4% vs -17.1%). On a seasonally adjusted monthly basis, mining production went up by 0.1%, following a revised 0.6% decrease in the previous month. source: Statistics South Africa

Mining Production in South Africa averaged -0.04 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 December of 2022.

Mining Production in South Africa is expected to be 2.60 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 1.80 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
2022-11-10 09:30 AM Mining Production MoM Sep 0.1% -0.6% -0.3%
2022-11-10 09:30 AM Mining Production YoY Sep -4.5% -6.4% -4.05% -4.6%
2022-12-13 09:30 AM Mining Production MoM Oct 0.1%


Related Last Previous Unit Reference
Industrial Production Mom 4.90 2.20 percent Sep 2022
Industrial Production 2.90 1.70 percent Sep 2022
Changes in Inventories 62859.00 31396.00 ZAR Million Sep 2022
Bankruptcies 157.00 170.00 Companies Oct 2022
Electricity Production 19474.00 18504.00 Gigawatt-hour Oct 2022
Mining Production -4.50 -6.40 percent Sep 2022
Gold Production -12.40 -17.10 percent Sep 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
-4.50 -6.40 119.60 -50.60 1981 - 2022 percent Monthly
NSA

News Stream
South Africa Mining Output Falls More than Expected
Mining production in South Africa shrank by 4.5% year-on-year in September of 2022, after an upwardly revised 6.4% drop in the previous month and compared with market forecasts of a 4.05% slump. It marks the eighth consecutive month of falling mining activity, hampered by strikes and ongoing power cuts. Output declined mostly for iron ore (-23.1% vs -15% in August) and gold (-12.4% vs -17.1%). On a seasonally adjusted monthly basis, mining production went up by 0.1%, following a revised 0.6% decrease in the previous month.
2022-11-10
South Africa Mining Output Shrinks for 7th Month
Mining production in South Africa fell by 5.9% year-on-year in August of 2022, after a downwardly revised 8.2% slump in the previous month and almost in line with market forecasts of a 5.95% contraction. It marks the seventh consecutive month of falling mining activity, as strikes and the ramp-up of load-shedding in the country have weighed heavily on the energy-intensive sector. The largest negative contributors were PGMs (-12.9% vs -12.3% in July), gold (-17.4% vs -19.1%) and iron ore (-15.2% vs -21.5%). Output also decreased for copper (-11.7% vs -1%), diamonds (-3.7% vs 14.7%) and coal (-1.4% vs -1.7%). On a seasonally adjusted monthly basis, mining production stalled, following an upwardly revised 3.1% rise in the prior month.
2022-10-13
South Africa Mining Output Falls More than Expected
Mining production in South Africa slipped by 8.4% year-on-year in July of 2022, after a downwardly revised 7.1% decline in the previous month and compared with market forecasts of a 5% fall. It marks the sixth consecutive month of falling mining activity, following a strike at South Africa's second-largest gold producer, Sibanye-Stillwater, between March 9th and June 13th. The largest negative contributors were gold (-19.7% vs -28.7% in June); PGMs (-12.2% vs -10.1%) and iron ore (-20.4% vs -0.4%). On a seasonally adjusted monthly basis, mining production grew by 2.3%, following a downwardly revised 0.9% decrease in the prior month.
2022-09-13