SA loses out on the record gold price boom
SA misses gold price bonanza as sales plunge more that 80%
10 October 2024 - 15:03
UPDATED 10 October 2024 - 21:08
SA’s gold output fell for a 10th month running in August, while an 80.5% plunge in sales of the precious metal in the period means the country is losing out on the record gold price boom.
Gold output was down 4.6% year on year in August after dropping 3.5% in July. The sector, once the star of SA’s mining industry, last reported positive growth in October 2023...
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