(The South African, London, 22 January 2012) In a significant reversal of the colonial economic process, a new gold mine opening in the middle of the United Kingdom is owned by an Australian company and the technology and expertise to process the ore will be imported from South Africa. The Director of the South African Capital Equipment Export Council estimated that with severe underutilisation of the Export Credit Insurance Corporation, if Consulmet Metals used the corporation’s facilities in the past, the company could have been doing twice its current R40-million a year by now.
