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A century later, SA remains number one on gold grades
According to The Citizen, a report drawn up by Natural Resource Holdings' Roy Sebag places South Africa in the number one spot in terms of gold grades, with Canada close on its heels. After more than a century of gold mining in the country, South Africa has six deposits with grades over 10g/t and 14 deposits with over 5g/t.
AngloGold Ashanti's TauTona, Moab Khotsong and Savuka South African mines take up spots two to four with grades between 18.96g/t and 23g/t.
Emphasising the need to harness the necessary technological advancement for deep level mining, Sebag said that, while there still are serious reservations relating to the portion of delineated resources that can actually be extracted in the South African deposits, "we felt that they warranted inclusion in order to provide readers with an all-encompassing database".
Interestingly, in the list of undeveloped deposits over 1 million oz owned by independent juniors the only SA deposits identified were those owned by Gold One, The Citizen says.
Read the full article on www.citizen.co.za.
