Mining production in South Africa plummeted 11.6% year-on-year in November of 2020, following a downwardly revised 5.9% slump in October and compared to market expectations of a 5% fall. It was the ninth consecutive month of decreases in mining activity and at the fastest pace since June, owing to tighter lockdown restrictions in some of South Africa’s major export markets, particularly Europe, which was experiencing the second wave of Covid-19 infections during November. Output fell mostly for iron ore (-35.3% vs -27.6% in October); copper (-46.2% vs -5.2%); PGMs (-16.1% vs -2%); manganese ore (-15.9% vs 7.8%); nickel (-11% vs 2.9%); coal (-5.9% vs -3.9%) and gold (-7% vs -4%). In contrast, production jumped for diamonds (56% vs 22.6%). On a seasonally adjusted monthly basis, mining production declined 5.7%, after an upwardly revised 0.7% decrease 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 -49.30 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 January of 2021.

Mining Production in South Africa is expected to be 6.00 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 5.00 in 12 months time. In the long-term, the South Africa Mining Production is projected to trend around 2.00 percent in 2022, according to our econometric models.

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South Africa Mining Production

Actual Previous Highest Lowest Dates Unit Frequency
-11.60 -5.90 23.20 -49.30 1981 - 2020 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-10 09:00 AM Mining Production MoM Oct -0.3% -1% 0.2%
2020-12-10 09:00 AM Mining Production YoY Oct -6.3% -3.4% -2.4%
2021-01-19 09:30 AM Mining Production YoY Nov -11.6% -5.9% -5% -4.7%
2021-01-19 09:30 AM Mining Production MoM Nov -5.7% -0.7% 0.3%
2021-02-11 09:30 AM Mining Production YoY Dec -5.7%
2021-02-11 09:30 AM Mining Production MoM Dec -11.6%
2021-03-11 09:30 AM Mining Production MoM Jan
2021-03-11 09:30 AM Mining Production YoY Jan


News Stream
South Africa Mining Output Shrinks More than Expected
Mining production in South Africa plummeted 11.6% year-on-year in November of 2020, following a downwardly revised 5.9% slump in October and compared to market expectations of a 5% fall. It was the ninth consecutive month of decreases in mining activity and at the fastest pace since June, owing to tighter lockdown restrictions in some of South Africa’s major export markets, particularly Europe, which was experiencing the second wave of Covid-19 infections during November. Output fell mostly for iron ore (-35.3% vs -27.6% in October); copper (-46.2% vs -5.2%); PGMs (-16.1% vs -2%); manganese ore (-15.9% vs 7.8%); nickel (-11% vs 2.9%); coal (-5.9% vs -3.9%) and gold (-7% vs -4%). In contrast, production jumped for diamonds (56% vs 22.6%). On a seasonally adjusted monthly basis, mining production declined 5.7%, after an upwardly revised 0.7% decrease in the previous month.
2021-01-19
South Africa Mining Output Falls the Most in 4 Months
Mining production in South Africa shrank 6.3 percent year-on-year in October of 2020, following an upwardly revised 3.4 percent fall in the previous month. It was the eighth consecutive month of decreases in mining activity and at the fastest pace since June. The largest negative contributions came from iron ore (-26.5 percent vs -30.5 percent in September); chromium ore (-31.4 percent vs -19 percent); other non-metallic minerals (-17.3 percent vs -0.5 percent); coal (-4 percent vs -3 percent) and gold (-3.9 percent vs -1.1 percent). On a seasonally adjusted monthly basis, mining production went down 0.3 percent, after an upwardly revised 1.1 percent decline in the previous month.
2020-12-10
South Africa Mining Output Shrinks More than Expected
Mining production in South Africa fell 2.8% year-on-year in September of 2020, following an upwardly revised 3.8% decline in the prior month and compared with market expectations of a 1.5% drop. It was the seventh consecutive month of decreases in mining activity but at the softest pace in the current sequence, helped by the further relaxation of lockdown restrictions. Output fell less mostly for gold (-0.7% vs -14.1% in August); copper (-39.7% vs -62.3%); chromium ore (-13.2% vs -20.6%); coal (-1.1% vs -4.6%). In addition, production rebounded for nickel (21% vs -2.2%) and manganese ore (4.8% vs -8.6%). On a seasonally adjusted monthly basis, mining production went down 0.3%, reversing a 6.1% rise in the previous month.
2020-11-12
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 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).