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South Africa - The Mineral Revolution - Country Studies. South Africa Table of Contents. Mineral discoveries in the 1860s, the 1870s, and the 1880s had an enormous impact on southern Africa.
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The mineral industry of Africa is the largest mineral industries in the world. Africa is the second largest continent, with 30 million km² of land, which implies large quantities of resources. For many African countries, mineral exploration and production constitute significant parts of their economies and remain keys to economic growth.
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Mineral wealth. South Africa's mineral wealth is typically found in the following geological formations and settings: the Witwatersrand Basin yields some 93% of South Africa's gold output and contains considerable uranium, silver, pyrite and osmiridium resources.
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Before South Africa's vast mineral wealth was discovered in the late nineteenth century, there was a general belief that southern Africa was almost destitutesimilar wealth that had drawn Europeans to the rest of the continent. By then, South Africa had no known gold deposits such as those the Portuguese had sought in West Africa in the ...
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