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Nevertheless large leases and good engineers made the reefs most profitable for
several companies, and its Long Tunnel mine won more gold than any Victorian
mine and paid £1-2 million in dividends before the end of the century. A young ...
Forming a small syndicate of eight Ballarat and Creswick speculators they paid £
36,000 for 6,000 acres of the Seven Hills Estate with its rich soil on the surface
and the hope of rivers of gold below. They offered promoters the mining rights to
To the end of 1915 they paid £25,500,000 in dividends, of which half came from
four wonderful mines — Great Boulder, Ivanhoe, Golden Horseshoe and Great
Fingall. The Golden Mile dominated the dividends and ten of its mines, plus the ...
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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
A Little Excitement
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