Africa’s crackdown on informal gold miners spreads to Mali. Authorities estimate that Mali loses as much as 15 tons a year — equal to about $860 million at today’s price — from artisanal
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Today, the mining industry remains one of the biggest contributors to the country’s economy with an estimated worth of R20.3 trillion (US$2.5 trillion). It is the world’s fifth largest mining sector in terms of gross domestic product (GDP), contributing eight percent to South Africa’s GDP.
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Gold prices in South Africa are updated at Friday 12 November 2021, 03:36 am, GMT (Friday 12 November 2021, 05:36 am, Johannesburg time) 1 Ounce Gold = 28,379.22 South African Rand 1 Gram Gold = 912.52 South African Rand
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Today, the mining industry remains one of the biggest contributors to the country’s economy with an estimated worth of R20.3 trillion (US$2.5 trillion). It is the world’s fifth largest mining sector in terms of gross domestic product (GDP), contributing eight percent to South Africa’s GDP.
Africa’s Crackdown on Informal Gold Miners Spreads to Mali. Mali is getting closer to bringing in new rules to better control artisanal gold mining and overtake South Africa as the continent’s second-biggest producer. The country has struggled to keep tabs on informal output that’s sold on the black market or smuggled out, and gold is
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Africa’s crackdown on informal gold miners spreads to Mali. Authorities estimate that Mali loses as much as 15 tons a year — equal to about $860 million at today’s price — from artisanal
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