According to MiningWeekly, the latest statistics from Statistics South Africa (SSA) show that in May, the country's mining production increased by 0.2% YoY, with iron ore being the largest positive contributor, while manganese ore and coal were the biggest drags.
Iron ore production increased by 12.5% YoY, while manganese ore production decreased by 13% and coal production decreased by 4.6% YoY.
Seasonally adjusted mining production increased by 3.7% MoM, compared to being basically flat in April and increasing by 3.9% MoM in March.
From March to May, seasonally adjusted mining production increased by 2.6% MoM. The largest contributor was iron ore, while coal was the biggest drag.
Meanwhile, SSA found that in May, South Africa's mineral product sales increased by 18.8% YoY at current prices.
The largest contributor was gold (with a 338.7% increase, contributing 25.5 percentage points), while platinum group metals were the biggest drag (with a 15.6% decrease, dragging down by 4.1 percentage points).
At current prices, seasonally adjusted mineral product sales increased by 6.3% MoM in May. The increase was 7.6% MoM in April and 2.9% MoM in March.
At current prices, seasonally adjusted mineral product sales increased by 4.1% MoM from March to May.
