South Africa under the racist ANC regime has gone from bad to worse and now even South Africa’s 140-year-old gold industry – which was once the world’s largest, when part of Apartheid South Africa – is now facing a major crisis. The country’s mineral council says 75 percent of gold mines are unprofitable or barely making money. Continue reading…
A cloud of dust flies upward as Nontutuko Shebi strikes at the bedrock of the “Marikana” quarry‚ her hand clutching her hammer as each blow joins the clinking chorus of tools against rock that echoes all around her.
Her nine-month-old daughter Okuhle – bound closely to her mother with a blanket – is unperturbed by each strike.
Shebi has come to the shale quarry set in the hills of rural southern KwaZulu-Natal hoping that “gold” locked in the hillside may change the destiny of her youngest child‚ otherwise bound for a life of poverty.
The mother of four‚ who lives in KwaMachi‚ like hundreds of others‚ believes that gold has been found and‚ with it‚ wealth and prosperity is close at hand.
KwaMachi resident Thulani Ncayiyane‚ 28‚ said that roadworkers had first made the discovery last week.
They had‚ he said‚ used the shale to surface rural roads and stumbled on the “gold”.
Joined by her husband, the hapless Duke of Edinburgh, the British Queen took a tour of the Bank’s vaults full of thousands of slabs of gold worth billions of pounds. The royal couple signed a million pound note each for the Bank’s guest book and the Queen look intrigued as she was shown the very.. Continue reading…