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Gold Production In South Africa Continues To Collapse – Down 85% Since 1970
– South African gold production collapsed again in May – down 16%
– South Africa production has collapsed 85% (1,000 to 145 tonnes)
– Long term, ongoing collapse appears to have escalated
– Gold suppression has destroyed gold mining in South Africa and rest of Africa, impacted African economies, jobs and people
– Geological challenges suggest ‘peak gold’ or ‘plateau gold’ production while gold demand is robust |
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