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FX.co ★ South Africa’s Mining Slump Deepens as July Output Falls 7.5%

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typeContent_19130:::2026-09-10T09:30:00

South Africa’s Mining Slump Deepens as July Output Falls 7.5%

South Africa’s mining sector contracted sharply in July 2026, with production down 7.5% year-on-year, extending the industry’s recent downturn. The decline accelerated from a 4.0% fall recorded in June 2026, pointing to mounting pressure on one of the country’s key economic pillars.

The latest figures, updated on 10 September 2026, underscore a worsening trend in mining activity midway through the year. The deeper contraction in July suggests that challenges facing the sector have intensified, which could weigh on export revenues, employment in mining regions and overall economic growth if the pattern continues in the coming months. Investors and policymakers will be watching upcoming data closely for signs of stabilization or further weakness in South Africa’s mining output.

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