South African 2004 mining stats

Tuesday, 08 February 2005 14:41:00 (GMT+3)   |  
       

South African 2004 mining stats

Statistics South Africa released total mining production and sales figures for 2004. The total mining production for 2004 increased 5.9% from 2003. Total mining production for Q4 2004, however, showed a seasonal decrease of 2.9% from the previous quarter. Despite the overall decrease, coal production showed a gain of 2.1 percentage points. Total mine production in 2004 was approximately 4.6 million metric tons. Iron ore accounted for 140 thousand metric tons of 2004 total production, a 10% gain from 2003. Total manganese ore production was 60 thousand metric tons, a 25% increase from the previous year. Total coal production was 900 thousand metric tons, up 22% from 2003. Iron ore contributed 3.1, manganese ore 1.3 and coal 20% to the total mining production. Total mineral sales increased 11% to Rand 11.09 billion ($1.8 billion). Furthermore, the actual value of mineral sales at current prices for the three months ended November 2004 increased 11.4% compared with the same period in 2003. The value of iron ore sales represents an outstanding increase in terms of its contribution to overall mineral sales. Iron ore sales accounted for only 3.5% of sales between September and November 2003, compared to 14% in 2004. The sales of iron ore rose 23% from November 2003 to November 2004, while manganese ore and coal enjoyed gains of 6% and 37%.

Similar articles

Major steel and raw material futures prices in China - April 16, 2024

16 Apr | Longs and Billet

Daily iron ore prices CFR China - April 15, 2024

15 Apr | Scrap & Raw Materials

India’s iron ore exports hit three-year peak in FY 2023-24

15 Apr | Steel News

Major steel and raw material futures prices in China - April 15, 2024

15 Apr | Longs and Billet

ING: High iron ore availability in China to put pressure on prices

15 Apr | Steel News

China’s iron ore imports increase by 5.5 percent in Q1

15 Apr | Steel News

Brazilian high-grade iron ore price increases sharply during the week

12 Apr | Scrap & Raw Materials

Daily iron ore prices CFR China - April 12, 2024

12 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China - April 12, 2024

12 Apr | Longs and Billet

Turkey’s iron ore imports up 40.4 percent in January-February

12 Apr | Steel News