- published: 28 Mar 2014
- views: 858943
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...
“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 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.
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South Africa's TauTona mine, real life alchemy, and Halicephalobus Mephisto. Footage from the 2012 documentary, "Down to the Earth's Core". We have travelled into space and looked deep into the universe's depths, but the world beneath our feet remains unexplored and unseen. Now, that's about to change. For the first time in one epic unbroken shot, we embark on an impossible mission - using spectacular computer generated imagery to smash through three thousand miles of solid rock, and venture from our world into the underworld and on to the core of the Earth itself. It's a journey fraught with danger. One thousand feet down we find ourselves inside one of the planet's most volatile places - the San Andreas Fault. Caught between two huge rock slabs, we watch as stress builds and then ...
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 Kalahari manganese fields, among one of the world's biggest and richest, has a relative newcomer; the new Tshipi Borwa mine owned by Tshipi Manganese Mining. With a 60-year mine life, and a 2.4 million tonne per annum capacity, Tshipi will be among the four largest South African sources of manganese, an irreplaceable ingredient in the manufacture of steel. CCTV's Julie Scheier reports
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/
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.
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 ...
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.
South Africa's mining industry remains under pressure. The regulatory uncertainty is still unresolved, with several legal challenges pending around the third iteration of the county's mining charter. Delegates at a mining conference met in Johannesburg to seek solutions to these challenges. Angelo Coppola has more. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
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 Mining experts from around the world have begun meeting in Pretoria for a conference which they hope will result in African governments agreeing to legislate against trade in "blood diamonds" which benefits wars and rebel groups in Africa. The three-day conference, is the last in a series of meetings held throughout the international diamond world. It coincides with an increase in a new world conscience in the diamond trade. The United Nations has already placed a ban on diamonds originating from war-torn Sierra Leone which find their way onto the world market through other countries. That country was represented by its Deputy Director of Mines Usman Boie Kamara who announced his country would soon implement its own measures against "conflict diamonds". SOUNDB...
South Africa's latest mining overhaul could be mired in a long legal battle after The Chamber of Mines, which represents South Africa's biggest producers, vowed to stop the changes. The government wants companies to ensure that South African assets are 30 percent black-owned within 12 months, up from a previous level of 26 percent. That means several of the country's biggest mining companies would have to sell new stakes, raising the risk of dilution for existing investors. The new rules, don't give credit for deals already concluded and from which black shareholders have since divested. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica