(i) Mining of gold has led to the expansion of infrastructure such as transport and communication.
(ii) Gold mining has led to the development of industrial mining skills that are useful in other sectors of the economy.
(iii) Gold is highly priced, thus it earns foreign exchange which is used to improve other sectors of the economy.
(iv) Gold provides raw materials for industries that make jewellery and other highly valued items thus promoting industrial expansion.
(v) Gold as a medium of exchange in the world is used in South Africa as a means of paying international debts.
(vi) Gold mining industry has generated employment opportunities, which raises the standard of living of the people.
(vii) Gold mining has led to development of towns in the Rand and the Orange Free State creating a large demand for agricultural products.
maurice.mutuku answered the question on June 10, 2017 at 14:31
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