South Africa has been overtaken by China as the world’s number one gold producer. This is largely due to gold reserves in this country being depleted and what little is left getting more and more difficult to extract as mining becomes a deeper and deeper activity and, therefore, too costly and a high risk effort.
It is today a misnomer to speak of Johannesburg as the city of gold as there is no more gold mining in the city other than the reprocessing of those mine dumps. Gauteng and eGoli only bring fond memories of goldmining in and around Johannesburg.