Production: results for March 2025

Mining production decreased by 2,8% year-on-year in March 2025. The largest negative contributors were:

·        PGMs (-9,9% and contributing -3,0 percentage points); and

·        gold (-11,1% and contributing -1,5 percentage points).

The largest positive contributor was iron ore (7,5% and contributing 1,1 percentage points).

Seasonally adjusted mining production increased by 3,5% in March 2025 compared with February 2025. This followed month-on-month changes of -4,1% in February 2025 and 0,2% in January 2025.

Seasonally adjusted mining production decreased by 4,5% in the first quarter of 2025 compared with the fourth quarter of 2024. The largest negative contributor was PGMs (-13,7% and contributing -4,3 percentage points), while the largest positive contributor was iron ore (8,0% and contributing 1,1 percentage points).

Mineral sales: results for March 2025

Mineral sales at current prices increased by 1,6% year-on-year in March 2025. The largest positive contributors were:

·        gold (13,9% and contributing 2,0 percentage points);

·        iron ore (15,9% and contributing 1,9 percentage points); and

·        coal (6,0% and contributing 1,6 percentage points).

The largest negative contributor was PGMs (-13,9% and contributing -3,1 percentage points).

Seasonally adjusted mineral sales at current prices increased by 0,5% in March 2025 compared with February 2025. This followed month-on-month changes of -9,6% in February 2025 and 1,4% in January 2025.