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In the primitive state of company law, mining shares were often riskier than the
mines themselves. This trap for mining speculators was finally sealed in
November 1871. Victoria passed its famous No Liability Act for mining companies
, one of ...
When stout brokers in frock coats entered the Melbourne exchange at the start of
1888 they heard a slightly hysterical sound when the list of silver shares was
read. Messengers hurried in with bundles of telegrams from all over Australia,
retired from his bank and went to Melbourne in luxury, leaving his brother Walter
to supervise the family share in the mine. As a partner since the 1850s in the
famous stage-coach firm of Cobb & Co., Walter Hall knew how to run a large ...
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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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