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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 ...
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]
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.
This list of mines in South Africa is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marble and other quarries may be included in this list.
Gold mining companies of South Africa (2 C, 7 P) S. South African gold rushes (1 C, 4 P) Pages in category "Gold mining in South Africa" The following 3 pages are in ...
Pages in category "Gold mining companies of South Africa" The following 7 pages are in this category, out of 7 total. This list may not reflect recent changes. A.
Some of these gold bearing fan deltas are now at depths of 4 km (2.5 mi) below the surface. [3] [2] Although many of the older mines, around Johannesburg, are now nearly exhausted, the Witwatersrand Basin still produces most of South Africa's gold and much of the total world output.
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. Their financial year ends on 30 June.
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