- published: 25 Feb 2017
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Mponeng is a gold mine in South Africa's Gauteng province. It extends over 4 kilometres below the surface, and is considered to be one of the most substantial gold mines in the world. It is also currently the world's deepest mine. The trip from the surface to the bottom of the mine takes over an hour. Video link: https://youtu.be/6ZtYInuOKtE Thanks for watching
Friday marks a year since 34 miners were shot dead by police in the South African town of Marikana in a dispute over wages. Mine unions say there has been little improvement since then. South Africa's economy has long been driven by mining but production has dropped over the decades. Mark Lowen was given rare access into a gold mine to see what conditions are like and to follow the mining process
AngloGold Ashanti's Mponeng gold mine, located south-west of Johannesburg in South Africa, is currently the deepest mine in the world. The operating depth at Mponeng mine ranged from between 2.4km to more than 3.9km below the surface by the end of 2012. Ongoing expansions have resulted in deeper digging at Mponeng, pushing the record to beyond the four kilometre mark.
Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News In the 1970s, South Africa was the world's most prolific exporter of gold. Over the years, industrial decline has seen widespread closures of the mines across the country. However, Johannesburg sits on the biggest gold basin ever discovered. It's perhaps not surprising that many of these abandoned mines have seen a recent boom in illegal mining activity. Everyday, hundreds of illegal gold miners, known as Zama Zamas, descend kilometers deep beneath the surface. The miners often spend weeks underground, toiling away at the country's untapped gold reserves. Observers have suggested that illegal mining is now so widespread, black-market gold arguably supports the communities once subsistent on the very same mines they worked...
Cape Town is preparing for the 2017 Mining Indaba. Industry players are wondering whether commodity prices will continue their upward trajectory. As Angelo Coppola explains, price fluctuations are not the only challenges confronting investors in commodities.
“Visions of Gold” is a short color film on “Gold! The thread from which we weave our dreams! The key to stability!” Produced by South African film maker Emil Nofal in the mid-1960s, the film opens with rows of gold bars as the narrator Joe Stewardson explains how (in1 885) itinerant prospectors George Walker, along with George Harrison, stumbled on surface outcrops of gold-rich conglomerate on an old farm near the Witwatersrand basin —land that is now near the center of Johannesburg. (Both men quickly sold their claims for the equivalent of a few hundred dollars. Today, the gold fields in the region are worth billions.) From across the world, prospectors descended on South Africa in search of gold, as we see throngs of prospectors and opportunists starting at mark 02:45. Spurred on by visi...
The South African government is delaying the implementation of a controversial new mining charter. The legislation would force all mines to hand over more of their business to black South Africans. However, these new rules are on hold after they were challenged by the country's powerful mining industry body. Al Jazeera's Tania Page reports. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
South Africa's mining industry and its labour issues has been thrust into the world spotlight ever since the Marikana Massacre in 2012. In 2014 the focus has been firmly on the issues of wages as well as work and safety conditions across the different mining sectors. TVC News Correspondent Marcelle Gordon picked the brain of a leading mining industry analyst about the role of government in the increasingly hostile relationship between mining companies and their workers.
Make money in bitcoin mining in South Africa with Genesis Mining and MyPayingCryptoAds Join Genesis Mining here: https://www.genesis-mining.com Here is the promo code to get 3% discount: QqNvn3 Join me on Facebook page: https://www.facebook.com/colinbrazendalesinternet/ This strategy will work outside of South Africa too. Bitcoin mining returns are very low at the moment but will improve with the increase in bitcoin price. There is another way to bitcoin mine and get a bigger return, and that is when you buy mining contracts with ''free'' bitcoin. In the video I explain my ''Free'' Genesis Mining contracts Strategy. In this video I show you how you can earn bitcoin in MPCA and then use this bitcoin earnings to buy your Genesis Mining contracts. I am going to build my TH/s. This in ...
In theory, the junior mining sector in South Africa should be booming. The term "junior" in this case refers to small operators who usually research, prospect, and explore for new mineral finds. As Angelo Coppola reports, given the ore body that South Africa is located on top of, these firms have immense opportunity.
English/Nat International gold sales recently plunged the price of the precious metal to a 22-year low. Despite protests from all quarters the sales are set to continue leaving the future of tens of thousands of South African miners hanging in the balance. This week South Africa's second largest gold miner, Gold Fields Ltd, announced that a strike against retrenchments at one of its mines may spread to other sites. When Britain sold 25 tons of gold recently, it set the price plummeting and some of South Africa's less profitable mines were forced to give notice of lay offs. Britain is scheduled to sell another 100 tons of gold by the end of this year. Recent protests by both South African mine companies and mineworkers unions appear to have fallen on deaf ears. The...
In a single gold mine in South Africa, an expected $2.2 billion worth of gold can still be extracted from just one dump site's waste material. Using water cannons and chemical treatements, a single mine can hope to extract about 3 grams in every tonne. It may not sound like much but if there is 140 million tonnes of waste lying around - the numbers start adding up. High prices means all the effort that goes into sourcing the precious metal may well be worth it. Al Jazeera's Tania Page reports from Johannesburg.
The Kimberly Diamond Mine Museum in South Africa. This is where diamonds were discovered in 1879. De Beers eventually stopped mining the pit which was allowed to fill with water and dug shafts down into the diamond-bearing rocks below. They stopped mining altogether in 1914 and this is now part of a museum. The city of Kimberly is on the horizon. De Beers headquarters is still in Kimberly.
Ghana has had a gold rush but here, Afua Hirsch discovers how Chinese immigrants are profiting from industrialising the country's small-scale mining industry. She sees for herself that, for the many locals who chance losing life and limb for a piece of the same pie, the risks are rarely worth it, and explores where the responsibility for regulating this industry lies. The price of gold: Chinese mining in Ghana documentary Subscribe to the Guardian HERE: http://bitly.com/UvkFpD Afua Hirsch reports on Ghana's gold rush in a film that discovers how Chinese immigrants are profiting from industrialising the country's small-scale mining industry. She sees for herself that, for the many locals who chance losing life and limb for a piece of the same pie, the risks are rarely worth it, and explor...
In Gold Reef City the zulu dancers showed us a mine dance with helmets, boots and kaching kaching!