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South Africa's key gold industry faces moment of truth

Cecilia Jamasmie | December 18, 2013 | 4:27 pm Base Metals Precious Metals Africa Europe Gold Platinum 

The end of gold’s 12-year bull run has hit South Africa, home to one of the world’s richest gold reserves, especially hard. Lower gold prices, which have dropped more than 25% this year, ageing mines, labour strikes and higher operating...

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