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history of the gold industry in south africa

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  • Empire and High Finance: South Africa and the International Gold

    93 The other great mineral-based industry of South Africa, diamond mining, did suffer from periodic crises of over-production at least until 1888 and the formation of the De Beers monopoly; see de Kock, M. H., Selected Subjects in the Economic History of South Africa (Cape Town, 1924), 259 Google Scholar; also Van …

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  • Brief history of gold mining in South Africa

    The great depression hit, but the gold industry avoided disaster. Employment grew and the industry boomed 1946 Gold was discovered in the Orange Free State using drilling at …

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  • Uncovering the Riches: Exploring Africa's Booming Gold Industry

    2. Ghana: Ghana is another major gold-producing country in Africa. It is the second-largest producer on the continent and has a long history of gold mining. The country is known for its rich gold deposits and favorable mining policies, which have attracted both local and international mining companies. 3.

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  • The Gold Trade of Ancient & Medieval West Africa

    West African Gold in Antiquity. The trade of gold in West Africa goes back to antiquity with one of the earliest examples being the voyage of the Carthaginian explorer Hanno in the 5th century BCE. The celebrated mariner sailed out of the Mediterranean and, turning south, stopped off at the mouth of the Senegal River before sailing on and ...

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  • South Africa Gold Production, 1990 – 2024 | CEIC Data

    This records an increase from the previous figure of 88,883.000 kg for Dec 2022. South Africa Gold Production data is updated yearly, averaging 262,363.000 kg from Dec 1990 to 2023, with 34 observations. The data reached an all-time high of 619,201.000 kg in 1993 and a record low of 88,883.000 kg in 2022.

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  • Who Controlled The Gold And Diamond Companies In South Africa

    The history of who controlled the gold and diamond companies in South Africa is a complex one, filled with a myriad of actors and events that have shaped the industry and its legacy. From the earliest days of colonization in the 16th century to the tumultuous modern era, gold and diamond companies in South Africa have been …

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  • South Africa; gold; diamonds; world-class jewellery; high …

    S S outh Africa has plentiful reserves of high-quality gold and diamonds. For hundreds of years, these precious resources have been used in magnificent items of jewellery, coveted the world over. No wonder, then, that South African gold and diamonds are well worth exploring when visiting the country – you could find a one-of-a-kind souvenir with intrinsic …

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  • Roots of Apartheid: South Africa's Mining Industry

    While apartheid in South Africa was formalized in law in the late 1940s, the seeds for its creation were established years beforehand. The mining industry, especially, spurred the creation of laws and practices in South Africa which progressively disenfranchised the country's indigenous black peoples. At the behest of the mining industry ...

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  • Allan Gray | Gold: A history of its price

    Between 1931 and 1940 annual mine production increased from 22 to 42 million ounces. After 1945 production outside South Africa started to decline as margins were eroded by inflation. The exception to …

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  • The Top Five Gold-Producing Countries in Africa in 2023

    The output from South Africa's gold mining industry, with a history spanning 130 years, has been on a decline for more than two decades. However, the country's gold production has seen a year-on-year increase of …

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  • South Africa

    South Africa - Apartheid, Colonization, Freedom: The prehistory and history of South Africa span nearly the entire known existence of human beings and their ancestors—some three million years or more—and include the wandering of small bands of hominins through the savanna, the inception of herding and farming as ways of life, and the construction of …

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  • Compiled by Jonathan Crush

    Bibliography of Works on the South African Gold Mining Industry (Post- 1980) Compiled by Jonathan Crush Allen, V. L. The History of Black Mineworkers in South Africa: Volume 1, Keighley: The Moor Press, 1992. Arkles, Shelley. "The Price of Gold: Paraplegic Injuries on the Mines." South African labour Bulletin 12/2 (1987), pp. 70-84. Ault, D ...

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  • Discovery of gold in South Africa Physical attributes

    Gold was discovered on a Transvaal farm, Langlaagte, on the Witwatersrand in 1886 by two prospectors. This discovery caused a turning point in South African history. Far more …

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  • A History of Gold Mining in South Africa, Ghana and …

    Abstract. In this chapter Elbra provides an overview of the gold mining industry in Ghana, South Africa and Tanzania. The chapter begins with an overview of …

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  • Gold Mining | Gold Production | World Gold Council

    The World Gold Council and our member companies support the responsible mining and trading of gold from all legitimate sources. Mines and gold mining operations have become increasingly geographically diverse, far removed from the concentrated supply of four decades or so ago when the vast majority of the world's gold came from South Africa.

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  • History of Gold in South Africa

    January 3, 2018., 2:12 pm., News. Diamond and gold discoveries played an imperative part in the development of the early South African history. The first recorded discovery of gold was to have been found on the banks of Witwatersrand by Jan Gerrit Bantjes in June 1886; a defining moment in South African history.

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  • Gold Mining in Africa: Challenges, Opportunities, and …

    South Africa's gold mines, once the apex of global gold production, now grapple with deep-seated challenges – aging infrastructure and depths that test the limits of modern mining.

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  • The Witwatersrand Gold Rush 1886: The Birth of …

    The Witwatersrand Gold Rush was a pivotal event in history, shaping the course of South Africa and influencing the global mining industry. The discovery of gold brought wealth and prosperity, but also …

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  • Mining industry in South Africa

    Since then, the mining industry has become hugely important to the country, contributing roughly 202 billion South African Rand (roughly 10.9 billion U.S. dollars) in 2023 to South Africa's ...

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  • Challenges Facing the South African Gold Mining Industry

    The mining industry remains a major contributor to the economy of South Africa. According to data from the Department of Minerals and Energy of South Africa, the sector contributed 7.1 % to gross domestic product in 2003, …

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  • The Development of the South African Gold …

    The discovery in i886 of the Witwatersrand gold fields in the South African Republic was arguably the most important of all of these famous nineteenth-century discoveries. The …

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  • South Africa

    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, …

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  • Empire and High Finance: South Africa and the …

    This article illustrates the impact of the Witwatersrand discoveries on the working of the international gold standard to 1914 and suggests that newly mined gold …

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  • (PDF) Gold, War and South Africa: A Postcolonial History of the Gold

    As opposed to scholars like de Cecco (1974) and Narsey (2016) who have also applied a post-colonial analysis but focus primarily on India, I will focus on South Africa. Gold and South Africa By providing ample amounts of gold, South Africa played a major role in the maintenance and establishment of the classical gold standard during the period ...

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  • Witwatersrand Gold Rush | The Famous South …

    A brief overview of the history and development of Witwatersrand, the famous gold mine of South Africa. With photos, facts, and figures about its impact on the growth of the region, the history of precious metals in the …

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  • South Africa

    Diamonds., gold, and imperialist intervention (1870–1902) South Africa experienced a transformation between 1870, when the diamond rush to Kimberley began, and 1902, when the South African War ended. Midway between these dates, in 1886, the world's largest goldfields were discovered on the Witwatersrand. As the predominantly agrarian ...

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  • Gold Mining | South African Natural Resource | Gold in South Africa

    The South African gold coin, the Krugerrand is well known worldwide and its value is measured by the gold value at the current gold market price. Most of the gold mining is in the area of the Witwatersrand and the African name for Johannesburg is " Egoli " which means city of gold. However that is not where the first gold deposits were ...

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  • Gold in South Africa: Lessons from the Apartheid Era

    Gold in South Africa had been very much the country's life blood. Footnote 14 Given South Africa's abundant gold resources and low labour costs of imported workers Footnote 15 from all over Southern Africa, it could profitably mine to depths of 3 km and more and yet mines still remained profitable. It was the well-known combination of …

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  • Discovery of the Gold in 1884 | South African History …

    The first recorded discovery of gold on the Witwatersrand was made by Jan Gerrit Bantjes in June 1884, on the farm Vogelstruisfontein, and was followed soon thereafter, in …

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  • Gold in South Africa: Lessons from the Apartheid Era

    For over 130 years gold in Africa has been synonymous with the Witwatersrand which has produced 40% of the gold that was ever mined. 1 From 1887 …

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