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It expects a 22% rise in gold output for the full year.
The company's gold output rose 4percenttoto 437,222 ounces in the three months ended Dec. 31.
Gold output plummeted 17percentt from a year earlier and the country's overall mining output dropped by the most in at least 10 years.
From the late 1880s gold outstripped diamonds as the region's most important export, and by 1898 the Witwatersrand produced about one-fifth of world gold output.
South Africa's share of the world's gold output shrank from over half in 1980 to just over a fifth last year.
Canadian firm Sunridge Gold has said it will begin gold output from its Asmara mine this year, while Australian mining company Danakali has said it will announce this year when it will begin potash production at its Colluli mine.
There's a steady but small demand for gold as an industrial product — for consumer electronics, computers, and dental work — and as jewelry, particularly in India, which now buys twenty per cent of the world's annual gold output.
Along with the results, Glencore also announced an agreement to sell a 30% stake plus all of the gold output from its Ernest Henry copper mine in Australia to Evolution Mining for $670m.
Yet while Ghana next door, home to just 19% of it, is consistently one of the world's leading gold producers the belt's most prized commodity Côte d'Ivoire accounts for less than 5% of the belt's gold output.
But whether that is enough to turn round a country heading for dereliction any time soon or whether they will be allowed to try doing so is still doubtful.Correction: We said that Zimbabwe's official gold output in 1999 was 27m tonnes.
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