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And so Kinnear formed a co-operative party of a hundred miners who each paid
£15 for a share and worked daily in the mine. Known eventually as the Clunes
Quartz Gold Mining Company, the hundred were paid alike and the laziest ...
Nevertheless large leases and good engineers made the eefs most profitable for
several companies, and its Long Tunnel mine won more gold than any Victorian
mine and paid £1.2 million in lividends before the end of the century. A young ...
Its companies in 1871 paid the astonishing sum of £683,000 in dividends but
again they were too prodigal in paying away their profits. Soon they starved for
capital to sink deeper and gold output slumped and the dividends in 1877 were
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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