Mining production in South Africa rose 7 percent year-on-year in February of 2020, following a 7.5 percent surge in the previous month and beating market expectations of a 1.3 percent gain. Output continued to advance solidly for coal (13.7 percent vs 4.7 percent in January); gold (11.5 percent vs 4.9 percent); diamonds (25.5 percent vs 18.6 percent); other metallic minerals (13.8 percent vs 10.8 percent) and other non-metallic minerals (12.7 percent vs 8.9 percent). Meanwhile, production slowed for PGM's (8.7 percent vs 10.3 percent) and it decreased for copper (-29.5 percent vs -18.4 percent); nickel (-33.4 percent vs -2.5 percent); chromium ore (-10.4 percent vs 9 percent); iron ore (-7.6 percent vs 27.9 percent) and building materials (-16.3 percent vs -8.3 percent). On a seasonally adjusted monthly basis, mining production shrank 1 percent, after an upwardly revised 6.3 percent rise in the previous month.

Mining Production in South Africa averaged -0.04 percent from 1981 until 2020, 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. South Africa Mining Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Statistics South Africa

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 1.10 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
7.00 7.50 23.20 -17.40 1981 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-12 09:30 AM Mining Production YoY Jan 7.5% 0.1% 1% 2.3%
2020-03-12 09:30 AM Mining Production MoM Jan 6% -5.2% 0.9%
2020-05-19 09:30 AM Mining Production MoM Feb -1% 6.3% 7.2%
2020-05-19 09:30 AM Mining Production YoY Feb 7% 7.5% 1.3% 8%
2020-06-11 09:30 AM Mining Production YoY Apr -7.4%
2020-06-11 09:30 AM Mining Production MoM Apr -8%
2020-06-11 09:30 AM Mining Production MoM Mar -1% -0.7%
2020-06-11 09:30 AM Mining Production YoY Mar 7% 5.6%


News Stream
South Africa Mining Output Grows 7% in February
Mining production in South Africa rose 7 percent year-on-year in February of 2020, following a 7.5 percent surge in the previous month and beating market expectations of a 1.3 percent gain. Output continued to advance solidly for coal (13.7 percent vs 4.7 percent in January); gold (11.5 percent vs 4.9 percent); diamonds (25.5 percent vs 18.6 percent); other metallic minerals (13.8 percent vs 10.8 percent) and other non-metallic minerals (12.7 percent vs 8.9 percent). Meanwhile, production slowed for PGM's (8.7 percent vs 10.3 percent) and it decreased for copper (-29.5 percent vs -18.4 percent); nickel (-33.4 percent vs -2.5 percent); chromium ore (-10.4 percent vs 9 percent); iron ore (-7.6 percent vs 27.9 percent) and building materials (-16.3 percent vs -8.3 percent). On a seasonally adjusted monthly basis, mining production shrank 1 percent, after an upwardly revised 6.3 percent rise in the previous month.
2020-05-19
South Africa Mining Output Rises the Most in Over 2 Years
Mining production in South Africa increased 7.5 percent year-on-year in January 2020, following a downwardly revised 0.1 percent gain in the previous month and beating market forecasts of a 1 percent rise. It was the biggest increase in mining output since November 2017, as production rebounded for coal (2.3 percent vs -13.8 percent in December); PGM’s (10.2 percent vs -3.8 percent); and diamonds (18.4 percent vs -32.6 percent). Also, iron ore output advanced further (27.9 percent vs 9.7 percent). In addition, production fell less for nickel (-2.5 percent vs -7.1 percent); and building materials (-5.5 percent vs -10.8 percent). Meanwhile, output growth slowed for gold (4.9 percent vs 24.1 percent); other non-metallic minerals (11.3 percent vs 39 percent); chromium ore (13.8 percent vs 19.6 percent); and other metallic minerals (11.3 percent vs 39 percent). On a monthly basis, mining production grew 6 percent, recovering from an upwardly revised 5.2 percent decline in December.
2020-03-12
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 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).