Gold Mining In South Africa
Jul 09, 2019 Gold mining in South Africa is a big industry that is employing numerous individuals, with the industry producing some of the richest people in Mzansi. There are a lot of Gold mines in South Africa, and this list of mines in.Gold Mining In South Africa. 1266 Words6 Pages. Gold mining or mining in general has always been the backbone of South Africa’s economy. Gold was first discovered in 1886 on the Witwatersrand Basin. This discovery made history and led to a massive economic boom.May 10, 2020 A recent GFMS gold survey puts South Africa at the highest end of the cost scale among gold producers, but the countrys gold mines remain important. In 2009, South Africas gold mining industry earned about $6.35 billion in foreign exchange making it the countrys second largest exporter behind platinum group-metals at about $7.6 billion.Gold mining activities in the Witwatersrand have played a pivotal role in the development and existence of Johannesburg since 1886. Mining made Johannesburg ‘the city of gold’ and has since been the main driving force behind the history and the economic development of Johannesburg and South Africa as a whole (Gass, 2012).