SA gold mines head for slowdown over the next 10 years

Except for the big mining companies such as Anglo that still have high-grade deposits and can afford to go deeper and be more automated, he says, gold mining in South Africa will definitely see a significant slowdown within the next 10 years, according to Business Live.

Now, Nelson says, is a good time to buy. According to Business Live, Nelson's strategy is to pick up high-grade assets that can be mined at low costs. Nelson is not bullish on prices, which is why he believes in high-margin operations.

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