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Where to Find and What to Look for When Gold Prospecting . Think the cost of gold prospecting equipment is a bit pricey The prices are good there I don t know if there is a lot of placer mining in South Africa
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South Africa’s formal gold sector still churns out about $4 billion in revenue every year. Along with platinum, coal and iron ore, it’s an important part of the economy. But with China’s construction boom slowing, commodity prices are sliding.
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A lot of people complain about the mining regs over here, but take a look at the number of people arrested in South Africa for gold prospecting without a permit.
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Apr 27, 2018· South Africa's mining sector is legendary, providing the bedrock upon which Africa's most industrialised economy was built since the country's first diamond and gold rushes in the late 1800s.
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