Production: results for November 2025

Mining production decreased by 2,7% year-on-year in November 2025. The largest negative contributors were:

·         coal (-7,9% and contributing -2,1 percentage points);

·         iron ore (-7,6% and contributing -1,1 percentage points);

·         PGMs (-2,8% and contributing -0,8 of a percentage point); and

·         gold (-6,0% and contributing -0,5 of a percentage point).

Manganese ore (17,0% and contributing 1,1 percentage points) was the largest positive contributor.

Seasonally adjusted mining production decreased by 5,9% in November 2025 compared with October 2025. This followed month-on-month changes of 2,7% in October 2025 and 2,0% in September 2025.

Seasonally adjusted mining production increased by 1,6% in the three months ended November 2025 compared with the previous three months. The largest positive contributors were:

·         PGMs (3,8% and contributing 1,0 percentage point);

·         iron ore (5,7% and contributing 0,9 of a percentage point); and

·         manganese ore (6,5% and contributing 0,5 of a percentage point).

Mineral sales: results for November 2025

Mineral sales at current prices decreased by 0,3% year-on-year in November 2025. The largest negative contributors were:

·         gold (-27,9% and contributing -6,0 percentage points);

·         coal (-15,0% and contributing -3,8 percentage points); and

·         iron ore (-16,6% and contributing -1,7 percentage points).

The largest positive contributor was PGMs (42,3% and contributing 9,7 percentage points).

Seasonally adjusted mineral sales at current prices decreased by 2,4% in November 2025 compared with October 2025. This followed month-on-month changes of -0,9% in October 2025 and 7,9% in September 2025.