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Chinese to breathe new life into Klerksdorp

Sunday Times Business writer Loni Prinsloo describes the frenzy of construction and lofty expectations thanks to substantial Chinese investment of a forgotten Highveld mining town. It is where Desmond Tutu was born and where one of the oldest stock exchanges in South Africa was founded, dating back to the gold rush of 1888. But Klerksdorp, about 150km southwest of Johannesburg, may be coming back to life again. More than R3-billion is flooding into the town because Chinese investors are betting they can revive the dangerously deep gold mines in the area. Read the full story here

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