Encouraging exploration would deliver enormous opportunities for South Africa – Dr Mark Bristow --------------------------------------------- On average, the fifth person that looks at a deposit discovers it ? ----------------------------------------------- It’s very seldom that the first to arrive recognizes a deposit ? ----------------------------------------------- So, you need to be able to understand that you’ve got to keep encouraging, Dr Mark Bristow points out to Mining Weekly. ====================== Surging Gold, Silver,and Copper prices have triggered interest ? -------------------------------- “That level of interest requires that we critically examine these opportunities,which we are now doing,” -------------------------------- ( Robert Friedland said in a statement ) -------------------------------
The biggest opportunities will be crowded out with what China wants to fund. Africa has a bigger and more lasting opportunity with an industrial supply chain realignment. Throughout history, resources rich countries consistently get cut on their own sword.
GOLD PRICE, MORE THAN ONE-MILLION RAND PER KILOGRAM (XAUZAR) ? --------------------------------- I’m feeling a lot more encouraged. -------------------------------------- I think you can sense my optimism and I think it’s warranted, said Nick Holland in an interview with Mining Weekly. ------------------------------------- So, yes, a million rand a kilogram should be good in the long run, he added. -------------------------------------- Gold Price in S.African Rand ...Aug 20, 2020 11:57 NY Time Gold price per ounce ZAR 33,644.26 +370.63 Gold price per kilo ZAR 1,081,687.95 +11,916.03 ------------------------------------------- https://www.kitco.com/gold-price-today-south-africa/ -----------------------------------------
Yes, true. It’s true that South Africa has always struggled with the opportunities but this can deliver enormous opportunities.