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    South African mineral sales were dominated by coal 28% and platinum group metals 21% in 2017, followed by gold 15%. However, with estimates that South Africa has 39 years of accessible gold reserves remaining4, it remains to be seen how long gold will hold onto this position.

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  • Mining industry of South AfricaWikipedia

    South Africa has the secondlargest reserves of uranium in the world. The Nuclear Fuels Corporation of South Africa NUFCOR started processing uranium as a byproduct of gold mining in 1967. Most of the uranium produced as a byproduct of gold mining is concentrated in the golf fields of the Witwatersrand area.

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  • Gold Mining in Africa: Maximizing Economic Returns for

    In total, there are at least 34 African countries producing gold, though only about 20 countries so far have been producing more than a ton per annum2 US Geological Survey, 2011. The leading gold producers in the world in order are China, US, Australia, South Africa and Russia.

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    The importance of mineral accounts for South Africa 6 3. Physical accounts for the South African mining industry 11 3.1 Gold 11 3.2 Platinum group metals 14 3.3 Coal 17 4. Resource rent accounts for the South African mining industry 20 4.1 Gold 20 4.2 Platinum group metals 24 4.3 Coal 28 5.

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    From the bar chart below it is clear that South Africa's extracted gold blue bar has dropped significantly over the years, and with that the years to depletion of South Africa's gold reserves has gone up.

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    In other words, South Africa produced 87% less gold in January 2015 compared with the same month in 1980. Figure 1 shows how the monthly gold production index has fallen.

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