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Gold and platinum are particularly afflicted as the high marginal costs of production in South Africa make the sectors dependent on a weak Rand for their viability. Flat global prices for these two commodities the two most important exports for South African mining combined with a stronger Rand will cause much consternation among gold
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Mining in South Africa as we now know it will be dead within the next 20 years if something isnt done. Unfortunately too many affected people still consider the South African mining industry as
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2019-10-30South Africa is the biggest economy in the African continent with a GDP per capita of 9477. 3 It is one of the worlds leading mining and mineral-processing countries for example 79 of the worlds platinum comes from South Africa Yager 2011
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South Africa reduce its high dependency on commodity price movements which do not look favorable for the country in the medium term. Building on two World Bank reports the Poverty and Inequality Assessment and theforthcoming Systematic Country Diagnostic this 11th edition of the South Africa Economic Update argues that
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