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as the price of gold grew on international markets, formal large scale mining in south africa shed jobs, while labour unrest and strikes led to increasing layoffs of mine workers on the large mines. south africa has some of deepest and largest gold mines in the world, with some of the largest deposits of gold, platinum, diamonds and other precious metals, precious stones and dimension stone.
gold mining in south africa had, by 1975, produced 40% of gold ever mined. however, by 2009, china affirmed its status as the world's largest gold producer with a production of 324 tonnes, followed by australia at 222.8, and south africa with 219.8 tonnes (a decrease of 6%).