Diamond and gold discoveries played an important part in the growth of the early South African economy. A site northeast of Cape Town was discovered to have rich deposits of diamonds, and thousands rushed to the area of Kimberley in an attempt to profit from the discovery.
In 2013, mining companies produced 562,000 times as much waste as gold, according to the South African Chamber of Mines. A decade before, that same ratio was less than half as large, at 212,000 to 1. Mining operations are generating increased waste because South Africa's gold is running out, and the remaining resource can only be found several miles below ground. This produces more waste ...
Grasberg gold mine in Indonesia is currently the world's largest gold mine containing more than 70Moz of gold reserves. Image courtesy of Alfindra Primaldhi. Image courtesy of Alfindra Primaldhi. The Goldfields-operated South Deep mine in South Africa is the second largest gold mine in the world.
Standard Bank is the oldest bank in Johannesburg, a city which developed around the richest gold reef in the world. When Standard Bank built their new buildings iin the 1986, they unearthed the entrance to one of the city's first sub-surface mines (Ferreira's), Johannesburg, South Africa.
Gold mining has a long history in Alaska, beginning with the Klondike Gold Rush at the end of the 1800s. Even today there exist a variety of placer mining operations ranging from large commercial placer mines to stream panning by tourists. The 150 or so official placer mines in 2009
This gold mine is located in Johannesburg, South Africa, a city that at one time had the world's largest known gold deposits. The golden spoil heaps, the result of decades of gold extraction, are a typical sight in the city. Today Johannesburg has few gold mines, but extensive gold mining continues in the Witwatersrand, a rocky uplift region beyond the city.