Rising Gold Prices Spark Illegal Mining Surge in South Africa’s Abandoned Durban Deep
The post Rising Gold Prices Spark Illegal Mining Surge in South Africa’s Abandoned Durban Deep appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Illegal gold mining in Durban Deep, South Africa, has intensified due to surging gold prices above $4,000 per ounce, turning abandoned mine sites into dangerous hotspots for thousands of artisanal miners risking lives for scraps of the precious metal. Historical gold production: Durban Deep mine once yielded over $155 billion in gold before closing in 2000 when prices hovered around $250 per ounce. Current chaos involves armed conflicts among gangs from multiple countries over access to waste dumps and tunnels. Risks include cave-ins, starvation during police sieges, and an estimated 100, 000 illegal miners nationwide, leading to significant economic losses. Discover how skyrocketing gold prices fuel illegal mining in Durban Deep, sparking violence and infrastructure damage. Explore risks and impacts-stay informed on global commodity trends today. What is Driving the Illegal Gold Mining Surge in Durban Deep? Illegal gold mining in Durban Deep is primarily fueled by the dramatic rise in gold prices, now exceeding $4,000 per ounce, which has transformed a once-thriving mining suburb into a lawless zone of desperation and danger. Abandoned shafts and waste dumps from the.