Uncovering South Africa’s R450bn hidden gold mine

Stellenbosch geometallurgist Steven Chingwaru believes there’s 420t of ‘invisible gold’ in tailings dumps on the Witwatersrand. If so, it could be the world’s largest invisible gold resource

Steve Chingwaru’s grandfather made his fortune in the 1950s when he started mining a lithium deposit he’d discovered in the hills of what was then Southern Rhodesia.

Seventy years later, Chingwaru believes he has found another mineral fortune, this one worth as much as R450bn and hiding in plain sight in the gold mine dumps that stud the Witwatersrand...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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