2012-11-27 — mineweb.com
The bullion miner says South Africa's gold mining industry, one of the country's most important sectors, is on the brink and will collapse if no steps are taken to boost its productivity.
...
"The problem we have today is that the industry is at a $1,750 gold price and the overall margins after capital aren't much better than what they were when gold was at half that price," Holland said.
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