PROJECTS
MAKING DECISIONS ABOUT company or personal investments requires appropriate levels of research . When selecting investments in gold or gold mines , professionals want to work with not only the largest companies , but also with the most productive mines . These productive mines bode well for potential profits in the future . The following is a list of some of the cream of the mining crop .
MINE : THE WITWATERSRAND BASIN
According to National Geographic Magazine , almost 40 percent of the world ’ s gold for the last 120 years was mined at the Witwatersrand Basin in South Africa . The mine has gold deposits dating back roughly 3 billion years . Photo by James St . John - Auriferous , uraninitic , hydrocarbon-rich stromatolite rock ( Carbon Leader Gold Ore , South Africa ) 3 , CC BY 2.0 - http :// commons . wikimedia . org / w / index . php ? curid = 34347305
Pennsylvania State University states that the mine produced almost 1,000 tons of gold during the 1960s , but the levels of gold production have declined over time . Still , in recent years , the gold mine in South Africa produces roughly 320 tons of gold .
AngloGold Ashanti Ltd . uses machinery to produce gold in South Africa to reduce the potential dangers . In addition to increasing safety , advances in mining machinery helps to reduce delays in production throughout the region , according to the Wall Street Journal .
8 May 2016