AlJazeera Johannesburg reports the current state of gold mining and the fluctuation of its cost. As the South African Rand’s value also wavers, many have resorted to stocking up on gold.
Economist Chris Hart elaborates on how this affects mining in the video:
“One of the reasons people find a frustration with mining is it’s not meeting the needs of everybody, yet the industry is contracting while the needs are expanding,” he said.
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