1 min readBy Staff Writer
Seizing the critical minerals moment will be Africa’s path to industrialisation
By Staff WriterSouth Africa

The Witwatersrand Basin has produced nearly half of all gold ever mined. In the 1970s, South Africa accounted for almost two-thirds of global gold production. This wealth supported the Bank of England, maintained sterling as the world’s reserve currency, and funded imperial trade. However, little of the resulting industrial capability was developed in Africa. This …
Follow the story
About this article
- Length
- 56 words · 1 min read
- Published
- October 27, 2026
- Byline
- Staff Writer
- Source
- AfricanMiningMarket