South Africa’s gold production fell by an estimated 10.4% in 2020, over the previous year, primarily due to the impact of the COVID-19 pandemic, which lead to strict lockdown measures across the country and caused significant disruption on mining operations. Harmony Gold, Sibanye-Stillwater, Gold Fields, and Pan African Resources are the top four gold producers in South Africa, accounting for 83.3% of the country’s total production. By 2025, the country’s gold production is expected to reach 4.0Moz, with an expected CAGR of 3.3% between 2021-2025. Two major upcoming projects Platreef Project and Bakubung are expected to commence operation by 2022, with a combined metal production capacity of more than 31.7koz. Gold producers benefited significantly from a steep increase in the gold price in 2020, with gold seen as a safe haven amid the COVID-19 pandemic and interest rate cuts and huge liquidity injections by central banks and governments as a response to the pandemic.
Scope
- The report contains an overview of South Africa’s gold mining industry, gold reserves, historical and forecast data on the production, production by company.
- It also provides detailed analysis of the COVID-19 impact on the industry. The demand driving section briefs about the Chinese gold demand. The report also provides detailed information on major active, exploration and development projects.
Reasons to Buy
- To gain a comprehensive evaluation of the impact of the COVID-19 on South Africa’s gold mining industry
- To understand the historical and forecast trend on the country’s gold production
- To understand production by major producers, by mines and trend of gold prices
- To get an overview on demand from Chinese market
- To evaluate major active, exploration and development mines of gold in the country
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Harmony Gold
- Sibanye-Stillwater
- Gold Fields
- Pan African Resources

