Stellenbosch PhD student, Steve Chingwaru discovers potential 460 tonnes of gold in Witwatersrand mine dumps

Loading player...
It is known that there is invisible gold, which consists of minuscule particles locked inside other minerals in the mine dumps found all over the Johannesburg and Witwatersrand area. What makes Chingwaru’s research noteworthy is that, as a Master’s degree student whose research was upgraded to a PhD, he is the first scholar to calculate that the six billion tons of tailings around the Witwatersrand mines contain up to 460 tons of gold. In an interview with Biznews, Chingwaru said that the tailing dumps in the Johannesburg area are being reprocessed by mining companies, but they are only achieving a 30% recovery rate. He set out to locate the remaining 70% and determine how to safely extract it from the pyrite. Chingwaru’s research has attracted the attention of major mining companies, and he has also received interest from China. Armed with his PhD, he plans to venture overseas to expand his knowledge of mining. However, he intends to return to Africa to promote sustainable mining practices for South Africa and the African continent. Chingwaru is the grandson of the legendary prospector, George Nolan who discovered lithium in Zimbabwe.
10 Apr 2024 1PM English South Africa Investing · Business News

Other recent episodes

Rubio’s visa move a blunder: FW de Klerk Foundation appeals to Washington to reconsider

The Trump administration has escalated its pressure on South Africa, with Secretary of State Marco Rubio announcing new visa restrictions over land expropriation laws and racial discrimination against the Afrikaner minority. Christo van der Rheede, executive director of the FW de Klerk Foundation, calls it a profound strategic blunder, one…
18 Sep 9AM 17 min

How Alec Hogg's 45 years in journalism culminated in BizNews and its loyal "tribe"

This interview was livestreamed on Conscious Caracal on 11 September 2026. Find Ernst van Zyl's Conscious Caracal Podcast here: https://www.youtube.com/@UCeNFLCUJ2lM1S_H32ICVs4w Before BizNews, there was a bank job Alec Hogg quit within three years, a company called Moneyweb he built from a room above his garage and then lost control of,…
18 Sep 9AM 49 min

Corné Mulder says SA could have a new government before 2029

South Africa just joined a short and unflattering list of countries facing individual US visa restrictions, and Freedom Front Plus leader Corné Mulder says he saw it coming from a manifesto launch stage days before it happened. He tells Alec Hogg why he thinks Cyril Ramaphosa's habit of avoiding decisions…
17 Sep 10AM 28 min