Search

South Africa mining rebounds in Q3 as iron ore, PGMs lift output and sales

Iron ore mining site. Photo by Bishnu Sarangi @ Pixabay
Iron ore mining site. Photo by Bishnu Sarangi @ Pixabay
  • Iron ore output jumps nearly 25%, driving October production rebound
  • PGM sales surge despite global trade and tariff uncertainty

 

JOHANNESBURG, SOUTH AFRICA – South Africa’s mining sector rebounded sharply in October, led by iron ore output and a surge in platinum-group metal sales, official data showed.

South Africa’s total mining production rose 5.8% year on year in October, while mineral sales climbed 13.3%, according to figures released by Statistics South Africa.

Recent Business

Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Ethiopia rolls out automated interbank FX platform to deepen market transparency
Read More »
A busy street of Burkina Faso. Photo by MIGUEL BAIXAULI @ Unsplash
Burkina Faso raises $150mn in oversubscribed WAEMU bond sale
Read More »
Aerial view of Nairobi, Kenya CBD at night. Photo by Click Smith @ Unsplash
South Africa's Nedbank moves into East Africa with $5bn NCBA takeover bid
Read More »

Recent Politics

Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death exposes deep family rift inside Kenya’s opposition ODM
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »

Latest Posts

Latest news insights