South Africa’s gold production growth eased at the start of 2026, with output rising 0.7% year-over-year in January, down from a 1.1% increase recorded in December 2025. The data, updated on 12 March 2026, show a moderation in the pace of expansion when compared to the same month a year earlier.
The figures are based on year-over-year comparisons: the January 2026 reading measures the change in gold production relative to January 2025, while the previous indicator reflects December 2025 output against December 2024. The slowdown suggests that while the sector remains in positive territory, momentum in South Africa’s gold industry has softened as the new year begins.
