Tag Archives: gold mining in south africa
World Famous Lost Gold Mines
Lost gold mines carry the romanticism of immediate riches as well as the lure of adventure. There are legends all over the world of gold mines that are hiding untold wealth and many miners have died trying to find these lost gold mines.
One of the most well-known lost gold mines in the USA is the Lost Dutchman Gold Mine
Best Gold Mining Stocks To Buy – Top 10 Picks!
Currently gold prices are trading around $1578 and predictions indicate that by then end of 2012 the price for gold could be as high as $2000. In order to take advantage of this gold boom, some of the best gold mining stocks are in South Africa and North American mining holdings.
Gold Fields of South Africa – Is It Worthy Stock Investment?
South Africa gold fields are among the deepest in the world; in fact, so deep that the rocks in the mines are extremely hot and specialized cooling equipment is needed to protect the miners. South Africa also have nearly 50 percent of the world’s gold reserves and is currently the second largest producer of high quality gold.
7 Interesting Facts About Gold Mining in South Africa
Gold mining in South Africa has a turbulent history with wars, conflicts being fought over its rich reserves and government unrest and takeovers devaluing the gold in South Africa. During the Boer Wars of 1880 and 1899 native workers were forced to work in dank gold mines and this cheap labor plus the high gold content of mines
