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Mining industry of South Africa - Wikipedia,Despite declining production, South Africa's gold exports were valued at US$3.8 billion in 2005. The US Geological Survey estimated in that as of 2002, South Africa held about 50% of the world's gold resources, and 38% of reserves. In July 2018, Mineral Council of South Africa announced, 75% of mines in South Africa are now unprofitable due to decline in gold reserves. ...

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