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The discovery of gold on the Witwatersrand in 1886 was a turning point in South African history. Far more than diamonds, this changed South Africa from an agricultural society to become the largest gold-producer in the world. Gold increased trade between South Africa and the rest of the world.

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South Africa has the largest, most diversified and longest established mining sector in Africa. South Africa has developed considerable expertise in mining and mining related supply industries and it has a number of firms located at the global technological frontier.

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Anglo Gold Ashanti, Sibayane Gold Ltd, Harmony Gold Mining Co., First Uranium, and Peninsula Energy own or control most of the uranium-from-gold mining processing plants in South Africa. Though uranium production in South Africa showed a decrease from 711t in 2000 to 579t in 2010, in 2011 930t were produced with a forecast of 2,000t by 2020.

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