Automation: Gold’s saving grace

Gold prices have plummeted in the past six months, forcing miners to implement tough spending regimes which squeeze every last drop out of capital expenditure budgets and go in search of operational efficiencies.
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SA gold producers on wafer thin margins

South Africa’s high cost gold producers have very little margin for output mishaps at price levels around $1,400 per ounce for the metal; a dilemma exacerbated by the limited number of options at their disposal to rightsize operations in a tense labour and political climate.
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