Diminishing gold production in South Africa

Statistics South Africa recently released data stating gold production during the last three months declined 5.9%. The report goes on to discuss the diminishing importance of gold mining in South Africa, and warns that depletion rates say gold resources will be exhausted in just 33 years and if the estimates hold true the country will take “on a much reduced role on the global gold mining stage.”

Read the complete report here: Statistics South Africa: The decreasing importance of gold mining in Africa