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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]
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 February 2025. Wikimedia-List The following Forbes list of South African billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2023. 2023 South African billionaires list World Rank Name Citizenship Net worth (USD) Source of wealth 2 Elon Musk ...
By law, the South African Mint Company is the only company allowed to manufacture South African legal tender coins such as the world-famous Krugerrand. Rand Refinery supplies all the gold used to manufacture the coins. It has been appointed the sole supplier of bullion Krugerrands to primary distributors both locally and internationally.
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 ...
In 1974, General Mining acquired a stake of 29.9% in the Union Corporation after a take-over attempt of the latter by Goldfields of South Africa. [ 3 ] : 236 Anglo American assisted General Mining in it purchase to forestall Gold Fields of South Africa expansion of its gold mining holdings.
PepsiCo has agreed to buy out South Africa's Pioneer Foods Group for about $1.8 billion U.S. dollars. Though this company and its brands are less well-known here in the U.S. it's a big deal for ...
DRDGOLD Limited (formerly Durban Roodepoort Deep Limited) is a South African gold producer and a specialist in the recovery of the metal from the retreatment of surface tailings. The company is listed on the New York [ 3 ] and Johannesburg [ 4 ] stock exchanges.
Shanduka Group was a South African investment holding company which was merged into Phembani Group in June 2015. Its interests included extractive resources, telecommunications, food and beverage, property, financial services, energy, [ 1 ] and industrial sectors.