SA mining is in crisis. And the travails of SA mining, more particularly those of gold and platinum mining are having a very negative impact on GDP and expected GDP growth and on the value of the rand.
Employment in the gold mines, meanwhile, declined to 197,500, from 416,800, and South Africa's world share of new mined gold dropped from 68% in 1970, to 17% in 1998. Iron ore and concentrate output in 2000 was million tons (metal content).
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Mines and gold mining operations have become increasingly geographically diverse, far removed from the concentrated supply of four decades or so ago when the vast majority of the world's gold came from South Africa. China was the largest gold producer in the world in 2016, accounting for around 14% of total annual production.
Holland, N. 2014. Gold mining and shared value: Contributing to development and communities. GREAT insights Magazine, Volume 3, Issue 7. July/August 2014. There can be no doubt that mining, executed responsibly, is .
South Africa's position as the numberthree supplier of ironore to China emphasises the strategic importance of the ironore deposits in the country and its importance as a significant ironore contributor worldwide, says mineral adviser Venmyn Deloitte MD .
South Africa is currently ranked 5 th internationally in terms of mining contribution to GDP  and the country is ranked in the top three globally in terms of production of PGMs (59%), Vanadium (25%), Ferrochrome (39%), Aluminosilies (60%), Vermiculite (35%), Zirconium (32%), Titanium minerals (19%), Manganese ore (17%) and Antimony (2%), .
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Growth of the Early Gold Mining Industry On 14 September 1886, the first large mining company on the Reef, the Witwatersrand Gold Mining Company, was formed with a total nominal capital of £3,063,000.
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South Africa's Iron Ore IndustryMichael PorterThe South African Iron Ore Cluster Page i CONTENTS Executive Summary1 History of South Africa Iron Ore Mining in South AfricaOverviewAccording to ;
Mining accounts for up to 60% of South Africa's exports, which is vital for bringing in cash into the country. The minerals it exports are vital to the economies of the world for manufacturing. South Africa is one of the world's leading .
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