Results 1-3 of 78
Most bought shares to sell at quick profit, and many got that profit. Investors who
suffer most in a mining mania are those who buy late, not early. Even after the lid
had blown from the golden hole Western Australian companies were floated ...
If small gamblers had controlled a mine with such a bonanza they would have
paid the profits in dividends, played the share market, and maybe ruined the
mine. Kelly, Knox and Jamieson were big speculators and preferred to re-invest
Dearer wages and higher costs of mining had cut profits; that was the first step in
decline. It could have been met by increasing output and introducing the latest
machinery, but once Kalgoorlie failed to meet this challenge the vicious circle of ...
What people are saying - Write a review
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
A Little Excitement
25 other sections not shown