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Before 1880 Australian mining investors rarely bought shares in mines outside
their own district or colony. In the 1880s the scope for investing in new mines
within two hundred miles of Melbourne, Adelaide or Sydney was narrowing, ...
London experts who claimed that British investors had lost £20 million in
Australian and £50 million in African mines may have been close to truth.
Moreover, even fewer good mining properties were being offered to London
Most of these adventures in the balmy tropics were highly profitable, but investors
waited in vain for the discovery of rich surface outcrops on Australian soil. It
seemed that the sharp-eyed prospectors of the previous century had found
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LibraryThing ReviewUser Review - nandadevi - LibraryThing
The history of mining is central to Australian history, from the gold rushes of the 1860's which brought hundreds of thousand of immigrants, to the mountain ranges of iron ore and immense natural gas ... Read full review