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exports, many in the South African gold mining industry complain that there are more sticks than carrots in the government’s proposed beneficiation legislation. They complain that there are too many obstacles in the way for beneficiation to take place. In addition, they insist that gold beneficiation is not their core strength.

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Over 50% of all gold reserves are found in South Africa, where the Witwatersrand holds the world’s largest gold reef deposit. In 2007, gold mining in South Africa employed over 240 000 people and accounted for R49 billion in foreign currency earnings.

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“Our gold industry has the right idea: we mine it and refine it – Rand Refinery in Germiston is the largest gold refinery in the world. South Africa has the largest share of minerals in the world, and we should beneficiate more,” said Matlou. Complications. The concept sounds simple, but in reality there are complications.

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