Mining Mirror May 2019 | Page 29

Mining in focus south by glaciers, and became concentrated in river gravels by melt water. The mining of this gold was dramatised in the recent TV series Gold Rush. The same gold concentrating processes appear to have happened in South Africa, but many millions of years earlier. A lot of gold is left in the age-old source rocks in the northern parts of South Africa, and it is possible that source rocks in the far north, which supplied some of the gold, no longer exist, having been transported away by earth movements. According to Professor McCarthy’s theory, the glaciers moved from the north and north-west to the south and spread alluvial gold everywhere. There might even be more gold in the south than in the north, but the theory, of course, remains completely untested. Nobody has ever done www.miningmirror.co.za any drilling in the Karoo and very little on the potentially shallow deposits on the southern edge of the Witwatersrand Basin. But according to Professor McCarthy, these deposits will be discovered. “It is a slow, progressive effort to gather information and interpret it. Eventually, gold will be found; it is just a question of sentiment, commitment, and the motivation to keep trying. Under the present mining regulations in South Africa, however, I fear that it might take a long time before the theory is tested,” says Professor McCarthy. A lack of funding, regulatory and political constraints, and rising costs have prevented exploration companies from taking on the risk and venturing into unknown territory. We haven’t seen many drill rigs searching for gold deposits in the Karoo lately. It’s about time we do. For once, we should listen to and believe in geologists. Gold mining is not a sunset industry in South Africa; in fact, its rebirth might be imminent. MAY 2019 MINING MIRROR [27]