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    gold investing

    Gold Fields CEO Urges South African Industry Colloboration

    Investing News Network
    Dec. 07, 2012 09:33AM PST
    Precious Metals

    Mining Weekly reported that Gold Field’s CEO Nick Holland says that drastic, collaborative action has to take place in order for the gold mining industry to remain viable in South Africa.

    Mining Weekly reported that Gold Field’s CEO Nick Holland says that drastic, collaborative action has to take place in order for the gold mining industry to remain viable in South Africa.

    As quoted in the market report:

    Holland said the decline in South African gold production over the last five years had been significant. “We are down to about 180 000 kg of gold a year, while seven years ago, we were producing double that, and we have to try to arrest this trend.

    To view the whole Mining Weekly report, click here.

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