South Africa Mining Activity Suffers Surprise Setback
2026-07-14 09:48
By
Luisa Carvalho
1 min. read
Mining production in South Africa slipped by 5.4% year-on-year in May 2026, following a downwardly revised 8% jump in April and worse than the expected 1.5% rise.
The decline marked the first contraction in mining activity in six months and the steepest since February 2025.
Iron ore was the largest negative contributor, declining 12.7% and subtracting 2.1 percentage points, followed by coal (-6.1%; -1.5 percentage points) and platinum group metals (PGMs), which fell 4.4%.
Also, output decreased sharply for diamonds (-17.8%); other metallic minerals (-17.6%); nickel (-16.5%); copper (-14.3%) and other non-metallic minerals (-8.9%), while rising for manganese ore (8.7%) and chromium ore (8.5%).
On a seasonally adjusted monthly basis, mining output dropped by 5.2% in May, the most since November 2025, after a downwardly revised 3.1% advance in the month before.
Mining production shrank by 1.7% in the three months ended May 2026 compared with the previous three months.