• Latest
  • Trending
  • All
South Africa’s mining industry posts 4th consecutive quarter of production decline.

South Africa’s mining industry posts 4th consecutive quarter of production decline.

August 27, 2022
New EU classification of Lithium threatens European battery boom

Nigeria woos investors for lithium battery production

July 25, 2023
Botswana plots to loosen De Beers’ grip, partners with gem trader HB Antwerp

Botswana plots to loosen De Beers’ grip, partners with gem trader HB Antwerp

March 28, 2023
Ban on exports causes massive Lithium build up in Zimbabwe, off-take agreements threatened

Ban on exports causes massive Lithium build up in Zimbabwe, off-take agreements threatened

March 21, 2023
Gold Fields, AngloGold joint venture creates Africa’s largest gold mine in Ghana

Gold Fields, AngloGold joint venture creates Africa’s largest gold mine in Ghana

March 20, 2023
Nigeria launches digital mineral title platform

Nigeria launches digital mineral title platform

November 12, 2022
South Africa’s mining industry posts 4th consecutive quarter of production decline.

Concern rises over South Africa’s coal addiction

September 8, 2022
Sabodala-Massawa, Senegal’s largest gold mine set to increase production

Sabodala-Massawa, Senegal’s largest gold mine set to increase production

September 6, 2022
Nigeria discovers commercial quantity high grade lithium, woos investors

Nigeria discovers commercial quantity high grade lithium, woos investors

September 4, 2022
Low nickel prices halt reopening of ARM’s Nkomati mine

Low nickel prices halt reopening of ARM’s Nkomati mine

September 3, 2022
China, Australia battle for control of massive untapped lithium lode in the Democratic Republic of Congo

Nigeria moves to develop her battery minerals

September 2, 2022
Nigeria, Africa & the $8 Trillion Global Gold Market

Six killed in Burkina Faso gold convoy attack

August 29, 2022
Asante Gold begins operations at Bibiani mine processing plant

Nigeria, Africa & the $8 Trillion Global Gold Market

August 22, 2022
  • About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, September 28, 2023
  • Login
African Mining & Minerals
  • HOME
  • CENTRAL AFRICA
    • ANGOLA
    • CAMEROON
    • CENTRAL AFRICAN REPUBLIC
    • CHAD
    • CONGO, REPUBLIC OF (BRAZZAVILLE)
    • DEMOCRATIC REPUBLIC OF CONGO (KINSHASA)
    • EQUATORIAL GUINEA
    • GABON
  • EAST AFRICA
    • BURUNDI
    • COMOROS
    • DJIBOUTI
    • ERITREA
    • ETHIOPIA
    • KENYA
    • MADAGASCAR
    • MALAWI
    • MAURITIUS
    • MAYOTTE
    • MOZAMBIQUE
  • NORTH AFRICA
    • EGYPT
    • LIBYA
    • MAURITANIA
    • MOROCCO
    • TUNISIA
    • WEST SAHARA
    • ALGERIA
  • WEST AFRICA
    • BENIN
    • BURKINA FASO
    • CAPE VERDE
    • CÔTE D’IVOIRE
    • THE GAMBIA
    • GHANA
    • GUINEA
    • GUINEA-BISSAU
    • LIBERIA
    • MALI
    • NIGER
    • NIGERIA
    • SENEGAL
    • SIERRA LEONE
    • TOGO
  • SOUTHERN AFRICA
    • BOTSWANA
    • ESWATINI (SWAZILAND)
    • LESOTHO
    • NAMIBIA
    • SOUTH AFRICA
  • MINES
  • MINERALS
  • TRADING
  • TECHNOLOGY
  • BENEFICIATION
  • TRAINING
  • ENVIRONMENT
  • COMPANIES
  • CONTRACTS
  • FINANCE
  • MARKETS
  • FINISHED PRODUCTS
  • EVENTS
  • CONTACT US
African Mining & Minerals
No Result
View All Result
Home Minerals

South Africa’s mining industry posts 4th consecutive quarter of production decline.

by admin01
August 27, 2022
in Minerals, Markets
0
South Africa’s mining industry posts 4th consecutive quarter of production decline.
502
SHARES
1.4k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

South Africa’s mining industry, in the second quarter of 2022, recorded its fourth consecutive quarter of production decline, falling by 3.4 % on a seasonally adjusted basis.

Juan-Pierre Terblanche, principal survey statistician at Stats SA who provided an overview of the latest mining production figures said the decline was led by a decrease in gold and coal. Gold production was down by 11.7 % and coal by 5.7%. Miners specializing in Manganese or diamonds and chromium ore also recorded a decline in activity in the second quarter.

On the upside, the production of copper, nickel, PGMs and iron ore quickened in the second quarter. Copper recorded the biggest jump in production, rising by 40.8%. On a month on month basis, seasonally adjusted mining output slipped by 1.4% in June, compared to May 2022. This followed month-on-month changes of 1.2% in May 2022 and -3.8% in April 2022. Mineral sales at current prices decreased by 6.1% year-on-year in June 2022.

The negative contributors were:

· PGMs (-30.8% and contributing -12.8 percentage points);

· Gold (-54.4% and contributing -7.9 percentage points); and

· Iron ore (-22.5% and contributing -3.4 percentage points)

On the other hand, coal (71.1% and contributing 11.0 percentage points) was a significant positive contributor. In the second quarter of 2022 the seasonally adjusted value of mineral sales at current prices was 11.2% higher compared with the first quarter of 2022.
On a year on year basis, production was down by 8.0% in June compared to the same percentage in 2021.

Share201Tweet126Send
admin01

admin01

African Mining & Minerals

Copyright © 2020 African Mining and Minerals.Com. A PAN MEDIA COMPANY ABUJA, NIGERIA.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • HOME
  • CENTRAL AFRICA
    • ANGOLA
    • CAMEROON
    • CENTRAL AFRICAN REPUBLIC
    • CHAD
    • CONGO, REPUBLIC OF (BRAZZAVILLE)
    • DEMOCRATIC REPUBLIC OF CONGO (KINSHASA)
    • EQUATORIAL GUINEA
    • GABON
  • EAST AFRICA
    • BURUNDI
    • COMOROS
    • DJIBOUTI
    • ERITREA
    • ETHIOPIA
    • KENYA
    • MADAGASCAR
    • MALAWI
    • MAURITIUS
    • MAYOTTE
    • MOZAMBIQUE
  • NORTH AFRICA
    • EGYPT
    • LIBYA
    • MAURITANIA
    • MOROCCO
    • TUNISIA
    • WEST SAHARA
    • ALGERIA
  • WEST AFRICA
    • BENIN
    • BURKINA FASO
    • CAPE VERDE
    • CÔTE D’IVOIRE
    • THE GAMBIA
    • GHANA
    • GUINEA
    • GUINEA-BISSAU
    • LIBERIA
    • MALI
    • NIGER
    • NIGERIA
    • SENEGAL
    • SIERRA LEONE
    • TOGO
  • SOUTHERN AFRICA
    • BOTSWANA
    • ESWATINI (SWAZILAND)
    • LESOTHO
    • NAMIBIA
    • SOUTH AFRICA
  • MINES
  • MINERALS
  • TRADING
  • TECHNOLOGY
  • BENEFICIATION
  • TRAINING
  • ENVIRONMENT
  • COMPANIES
  • CONTRACTS
  • FINANCE
  • MARKETS
  • FINISHED PRODUCTS
  • EVENTS
  • CONTACT US

Copyright © 2020 African Mining and Minerals.Com. A PAN MEDIA COMPANY ABUJA, NIGERIA.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In