The total seasonally adjusted value of mineral sales at current prices for the three months ended May 2010 reflected
an increase of 6,9% compared with the previous three months ended February 2010. The increase of 6,9% (R4 605,9 million) was mainly due to an increase in the sales value of iron ore (contributing 6,8 percentage points or R4 481,9 million). The actual estimated total value of mineral sales at current prices for the three months ended May 2010 increased by 17,6% compared with the three months ended May 2009. The major contributors to this increase were iron ore (contributing 6,1 percentage points or R3 747,9 million), PGMs (contributing 4,7 percentage points or R2 894,0 million), manganese ore (contributing 3,0 percentage points or R1 860,2 million), coal (contributing 1,7 percentage points or R1 070,9 million) and other metallic minerals (contributing 1,5 percentage points or R881,0 million).
Source: Statistics SA.
SA’s mineral roller coaster
The total seasonally adjusted value of mineral sales at current prices for the three months ended May 2010 reflected
an increase of 6,9% compared with the previous three months ended February 2010. The increase of 6,9% (R4 605,9 million) was mainly due to an increase in the sales value of iron ore (contributing 6,8 percentage points or R4 481,9 million). The actual estimated total value of mineral sales at current prices for the three months ended May 2010 increased by 17,6% compared with the three months ended May 2009. The major contributors to this increase were iron ore (contributing 6,1 percentage points or R3 747,9 million), PGMs (contributing 4,7 percentage points or R2 894,0 million), manganese ore (contributing 3,0 percentage points or R1 860,2 million), coal (contributing 1,7 percentage points or R1 070,9 million) and other metallic minerals (contributing 1,5 percentage points or R881,0 million). Source: Statistics SA.
|BACK| COMMENT |