The Diversification of Mining since 1961
Stuart Jones and
André Müller
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Stuart Jones: University of the Witwatersrand
André Müller: University of Port Elizabeth
Chapter 18 in The South African Economy, 1910–90, 1992, pp 257-277 from Palgrave Macmillan
Abstract:
Abstract For an economy that had grown to be greatly dependent upon gold, it was ominous that there was no further geographical extension of the goldfields after 1960. The Free State field remained the south-westernmost end of the golden arc and the easternmost point remained at Evander. The latter was the town which Union Corporation had established in the late 1950s to service what was sometimes called a ‘rogue field’, because of its angle and distance relative to the East Rand field. A mine came into production here in 1958 (Winkelhaak) and three others (Bracken, Leslie and Kinross) during the next decade. The Evander field made a notable contribution to the increase in the production of gold which occurred up to 1970. The only other new mines established within the 500km-long golden arc during the 1960s, were one in the Free State, three in the Far West Rand and one at Klerksdorp.
Keywords: Central Bank; Uranium Oxide; Official Price; Black Worker; Gold Production (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22031-1_18
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DOI: 10.1007/978-1-349-22031-1_18
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