Mineweb (Editorial) reports South African gold output fell by 12.3% as compared to the year 2007. South African gold output fell 12.3 percent in volume terms, while overall mineral production fell 6.3 percent in June compared to the same month in the previous year, official data showed on Thursday. For complete story, click this link. [...]
Mineweb(EDITORIAL) reports the SA gold industry does not have die a slow death if challenges are managed well, but could see a decline over 40 years as stated the Fortis Yellow Book. The Fortis/VM Group’s latest Yellow Book says South Africa still has a large amount of technically accessible gold underground of which 8,000-10,000t would [...]
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