Production: results for March 2026

Mining production increased by 2,5% year-on-year in March 2026. The largest positive contributors were:

·         PGMs (10,5% and contributing 2,6 percentage points);

·         gold (17,1% and contributing 1,6 percentage points); and

·         manganese ore (14,4% and contributing 1,1 percentage points).

Coal (-9,6% and contributing -2,5 percentage points) was the largest negative contributor.

Seasonally adjusted mining production decreased by 5,1% in March 2026 compared with February 2026. This followed month-on-month changes of 3,0% in February 2026 and 3,5% in January 2026.

Seasonally adjusted mining production increased by 0,6% in the first quarter of 2026 compared with the fourth quarter of 2025. The largest positive contributors were:

·         PGMs (8,5% and contributing 2,3 percentage points); and

·         gold (8,2% and contributing 0,7 of a percentage point).

Iron ore (-6,6% and contributing -1,0 percentage point) and coal (-3,4% and contributing -0,8 of a percentage point) were the largest negative contributors.

Mineral sales: results for March 2026

Mineral sales at current prices increased by 30,2% year-on-year in March 2026. The largest positive contributors were:

·         PGMs (113,5% and contributing 21,0 percentage points);

·         gold (51,7% and contributing 8,2 percentage points); and

·         chromium ore (38,6% and contributing 2,9 percentage points).

Iron ore (-18,7% and contributing -2,5 percentage points) was the largest negative contributor.

Seasonally adjusted mineral sales at current prices decreased by 8,6% in March 2026 compared with February 2026. This followed month-on-month changes of 9,0% in February 2026 and -8,4% in January 2026.

Seasonally adjusted mineral sales at current prices increased by 6,6% in the first quarter of 2026 compared with the fourth quarter of 2025.