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July 17, 2025SA’s iron ore output surprises, as gold sales soar
South Africa’s mining sector delivered an unexpected improvement in May, despite widespread forecasts of a renewed contraction, with production edging up 0.2% year on year after April’s steep 7.7% contraction.
The better-than-expected performance offered a modest reprieve for an industry grappling with persistent headwinds, including weak demand and logistics bottlenecks.
Iron ore drives modest production gains, while gold sales surge more than 330%.
