Why do the velds have rich reserve of minerals?
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The velds have rich reserve of minerals. Iron and steel industry has developed where coal and iron are present. Gold and diamond mining are major occupations of people of this region. Johannesburg is known for being the gold capital of the world. Kimberley is famous for its diamond mines .Mining of diamond and gold in South Africa led to the establishment of trade ties with Britain and gradually South Africa became a British Colony. This mineral rich area hasa well-developed network of transport.
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