South Africa’s mining industry saw a 2.8% decline in production in March 2025, reflecting broader global market uncertainties.
Key commodities such as Platinum Group Metals (PGMs) and gold reported steep drops of 9.9% and 11.1%, respectively.
However, iron ore surged by 7.5%, contributing positively to the sector. Mineral sales showed a slight recovery of 1.6%, with gold leading at 13.9% growth, followed by iron ore at 15.9% and coal at 6%.
“This data underscores the volatility within the mining sector and highlights shifting commodity demands globally,” remarked a senior economist at Statistics South Africa. “While PGMs struggled, iron ore’s uptick suggests resilience in industrial metals despite economic headwinds.”
The impact of these fluctuations extends beyond national borders, influencing global supply chains and commodity prices.
Investors are closely watching South Africa’s mining sector, as it plays a crucial role in international trade and raw material exports. The latest figures signal caution for stakeholders navigating uncertain market conditions.
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