GLOBAL MARKETS: SA loses top gold position to Ghana
SA’s gold industry has suffered yet another humiliation: losing its status as continental leader to Ghana
13 June 2019 - 05:00
SA’s gold industry has suffered yet another humiliation: losing its status as continental leader to Ghana.
The country that led global gold production for a century is now Africa’s second-largest gold producer. In 2018, SA’s output dropped to 4.2-million ounces, while Ghana’s climbed to 4.8-million ounces, thanks to lower costs, new developments and friendlier investment policies...
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