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South Africa junior miner Upward Spiral launches new East Rand gold project

Underground gold mine. Photo by April Vasquez @ Unsplash
Underground gold mine. Photo by April Vasquez @ Unsplash
  • New Snake Road project targets near-surface gold on historic East Rand
  • High prices revive previously marginal deposits for junior miners

 

PRETORIA, SOUTH AFRICA — A privately owned mining company is preparing to begin full-scale gold production on South Africa’s historic East Rand, betting that high prices and tight cost control can revive previously marginal deposits.

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