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· 5) Human resource constrains In many developing countries individuals lack key skill and knowledge required for economic development. Lack of adequate skilled human resource lead to low productivity and factor immobility. This implies that there is low knowledge on alternative production methods, natural resources and opportunities.

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Figure 1 shows that South Africa's riches comprises jus. of the macroeconomic factors driving the mining industry in South Africa. Sustainable development is a concept that offers an option to the Though South Africa is one of the largest producers of diamond, the country currently beneficiates a paltry 5% (Mining

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