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The facility, completed in 2002, was the first large grassroots gold mine built in South Africa in 20 years. Avgold wanted the newest technology applied to the plant design, including the broadest possible application of computerized automation.
Racist South Africa: Gold Mining Industry will Collapse South Africa's 140yearold gold industry – which was once the world's largest – is now facing a major crisis. The country's mineral council says 75 percent of gold mines are unprofitable or barely making money.
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The discovery of gold on the Witwatersrand in 1886 was a turning point in South African history. Far more than diamonds, this changed South Africa from an agricultural society to become the largest goldproducer in the world. Gold increased trade between South Africa and the rest of the world.
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