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Their ignorance of mining was preyed on by directors. Men fired gold from a
shotgun into a barren reef to inflate shares. Directors erected crushing machinery
on poor reefs to persuade investors that the reef was rich. Managers for months ...
They had planned a main board of three directors in Melbourne and a local
board of four directors in Silverton, but such was the exodus of directors to build
their mansions in Melbourne that the Silverton board does not seem to have met.
The seven directors of the Proprietary were elderly. Duncan McBryde, Bowes
Kelly, and Harvey Patterson were pastoralists who had bought shares and joined
the board when the mine was a gamble. William Knox had been the company's ...
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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