Carletonville, the ghost town at the heart of an industry ...
Carletonville, the ghost town at the heart of an industry in its death throes. There's no money.". Additional cuts are to come across mines and towns in SA, once the world's biggest producer of gold. A volatile rand, uncertainty about regulations and demand, labour union tensions, hardertoaccess ore, high operating costs and falling prices mean about half of gold and platinum operations are lossmaking.