Gold sales fell 33.4% year on year in July 2026 and gold output dropped 7.4%, according to Stats SA, as overall mining production contracted 7.5% and the second-quarter weakness carried into the third quarter.
Around 1,800 jobs are at risk at Petra Diamonds' Finsch and Cullinan mines, part of a wave of South African mining retrenchments that Solidarity says could total more than 4,000 positions in 2026.
Sibanye-Stillwater's South African PGM division generated R19.2bn of adjusted EBITDA in the first half of 2026, up 302%, as the 4E basket rose 67% to R43,996 an ounce and production held steady.
South Africa's Supreme Court of Appeal has dismissed Kalagadi Manganese's challenge to the IDC's authority to place the Northern Cape miner into business rescue, ending a long legal battle over its debts.
Sibanye-Stillwater now has about 164MW of contracted renewable capacity operating, part of 835MW of wind and solar deals meant to supply 64% of its South African energy needs by 2028.
Northam Platinum said on 25 August 2026 it had received an unsolicited, non-binding approach from a major South African PGM producer, reported by Bloomberg to be Valterra Platinum, and invited rival bids.
Acquisition · PGMsNortham Platinum opens sale process after unsolicited approach, reportedly from Valterra—Announced
Financing · GoldHarmony Gold raises about R21bn in new multi-currency bank facilities$1.3bnCompleted
Disposal · DiamondsAnglo American picks Gareth Penny-led consortium as preferred bidder for De Beers$1bnAnnounced
Disposal · PGMsAnglo American sells its last 19.9% of Valterra Platinum for R44.1bn$2.5bnCompleted
ConsultationNersa extends consultation on electricity trading and wheeling rules
ConsultationParliament opens hearings on Mine Health and Safety Amendment Bill
ConsultationDraft law proposes R100m fines and 30-year sentences for illegal mining
ConsultationCabinet releases revised Electricity Pricing Policy for comment
JSE: ARIDiversifiedAfrican Rainbow MineralsDiversified South African mining group founded in 2003 by Patrice Motsepe through a merger of his mining interests, making him one of the first black industrialists to control a major JSE-listed miner. Motsepe remains its non-executive chairman.JSE: AFTDiversifiedAfrimatDiversified South African materials and mining group founded in 2006 and listed on the JSE. It has expanded from construction aggregates into bulk commodities such as iron ore and manganese through a series of acquisitions.ManganeseAssmangUnlisted South African iron ore and manganese producer incorporated in 1935, owned in equal 50:50 shares by Assore and African Rainbow Minerals. It ranks among the country's largest exporters of both commodities.
JSE: DRDGoldDRDGoldSouth African gold producer, formerly Durban Roodepoort Deep, that specialises in retreating gold from historic surface tailings rather than conventional underground mining. Sibanye-Stillwater holds a 50.1% majority stake in the company.
