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South Africa's iron ore mining output up 31.4% in June

Source:Ringier Release Date:2012-08-24 413
Metalworking
South Africa's actual mining production index increased by 4.2% compared to June 2011 in June this year, according to the preliminary data released by Statistics South Africa. Meanwhile, the seasonally adjusted mining production index in June went up by 1.6% compared to May this year.

 

 

In South Africa, the iron ore mining production index in June went up by 31.4% year on year, up 3.1 percent over May, while the country's manganese ore production index in June decreased by 11.8% compared to June 2011 and was down 6.1% month-on-month. On the other hand, South Africa's nickel production index in the month in question increased by 24.4% compared to the same month last year, rising 3.5% compared to the previous month.

 

Furthermore, the seasonally adjusted iron ore sales value at current prices in May this year increased by 17% compared to April, rising to ZAR5.89 billion (US$724 million), up 29.5% compared to May 2011. In May this year, the seasonally adjusted manganese ore sales value at current prices was ZAR835.4 million (US$102.6 million), rising 25.1% month on month and up 9.4% compared to May last year, while the seasonally adjusted nickel sales value at current prices increased by 73.2 percent compared to April, to ZAR643.5 million (US$79.08 million), up 62.3% compared to May 2011.

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