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declining gold price, and increasing cost – the key value drivers – severely impacts the competitiveness of the South African gold mining industry These challenges are further compounded by increasing depth of the mines, which further escalates the cost of production Over 95% of primary gold production in South Africa comes from .
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The US construction equipment sector exports to South Africa from 2011 to 2015 were over 600% higher than the next largest African market, Egypt (this sector includes construction, earthmoving and mining equipment)
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Gold mining in South Africa South Africa's gold industry - rising again After more than a century of gold mining in South Africa, the US Geological Survey’s latest estimate still ranks South Africa as the custodian of the world's second largest gold resources at 6,000 tonnes second only to Australia
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South Africa has the second-largest reserves of uranium in the world The Nuclear Fuels Corporation of South Africa (NUFCOR) started processing uranium as a by-product of gold mining in 1967 Most of the uranium produced as a by-product of gold mining is concentrated in the golf fields of the Witwatersrand area
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