Gold is falling and taking gold mining stocks with it, but South Africa’s miners have it worse:...


Gold is falling and taking gold mining stocks with it, but South Africa’s miners have it worse: HMY -5.8%, SBGL -5.6%, AU -3.4%, GFI -1.9%. The fractious nature of labor relations and the potential for another violent incident is the biggest of many problems, Barclays writes, and getting it right is critical for the country; the sector accounts for 5% of real value added directly and 18% indirectly.

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