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That year, South Africa introduced three smaller coins containing 1 ⁄ 2, 1 ⁄ 4, and 1 ⁄ 10 troy ounce (15.6, 7.8, and 3.1 g) of gold. [9] Economic sanctions against South Africa for its policy of apartheid made the Krugerrand an illegal import in many Western countries during the 1970s and 1980s, with the United States, which had ...
The South African government has launched a rescue operation at an abandoned gold mine in the country’s North West province, where at least 109 men have died, a group representing the miners ...
Joseph Benjamin Robinson, (3 August 1840 – 30 October 1929) was a South African gold and diamond mining magnate and Randlord. Mayor of Kimberley, Northern Cape in 1880, which he represented in the Cape parliament for four years, chairman of the Robinson South African Banking Corporation Co , Ltd and of numeral gold mines in the Transvaal Colony, he was convicted in 1921 of fraud and fined ...
The mine employed 3,850 people. It was the deepest mine in the world until 2008 at 3,585 metres depth, slightly more than the TauTona mine, also in South Africa, which was 3,581 metres at the time (in 2008 the TauTona mine completed a digging project that extended the depth of the mine by several hundred metres.) [1] The mine closed in 2008.
South Africa mined gold production, 1940–2011. South Africa accounted for 15% of the world's gold production in 2002 [23] and 12% in 2005, though the nation had produced as much as 30% of the yearly world output as recently as 1993. Despite declining production, South Africa's gold exports were valued at US$3.8 billion in 2005. [24]
It is a producer of gold and a holder of gold reserve in South Africa, Ghana, Australia, and Peru. In Peru, it also produces copper. During the year ended December 31, 2010, it produced 1.983 ...
Randlords (Afrikaans: randhere) were the capitalists who controlled the diamond and gold mining industries in South Africa from the 1870s up to World War I.. A small number of European financiers, largely of the same generation, gained control of the diamond mining industry at Kimberley, Northern Cape.
The death toll from a toxic gas leak that authorities blamed on an illegal gold processing operation in South Africa rose to 17, including three children, as police removed canisters from a ...