South Africa - Gold mining | Britannica
South Africa - South Africa - Gold mining: Prospectors established in 1886 the existence of a belt of gold-bearing reefs 40 miles (60 km) wide centred on present-day Johannesburg. The rapid growth of the gold-mining industry intensified processes started by the diamond boom: immigration, urbanization, capital investment, and labour migrancy. By 1899 the gold industry attracted investment worth,Mining Gold in Africa: Ghana, Mali and Burkina Faso | INN,Tarkwa, along with Damang, another of the company’s West African mines, produced 254,000 ounces of gold in 2018, the mine’s highest production since its acquisition in 2004.South Africa's Mining Industry - South African Market,Gold is only the 4th biggest selling commodity in South Africa right now, with coal, platinum group metals (PGMs) and Iron ore all bringing in more money than gold. Iron ore is having a stellar few months thanks to massive international price increases cause by the dam wall that broke in Brazil leading to Vale suspending production at one of the biggest iron ore mines in the world.