Because of high expectations for the Prospectors’ Claim, high prices for shares were paid even before the company was established on 22 November 1880 on terms very favourable for the vendors. Some observers felt it should not have been formed so soon, as the property was yet to be tested adequately. Whenever any promising stone was found the prices surged. A wide range of people acquired shares, and for a while share trading was profitable for the sellers, but the failure to find a reef of any sort, let alone one containing good ore, meant that the company quickly collapsed, with those who had retained their interests losing their money
Miners required capital to develop their mines, but being dependent for this on investors, usually s...
After initial interest in it during the initial rush, the Tui portion of the Te Aroha field was larg...
The Werahiko and Waitoki mines were the first to work this ground, with great expectations. During 1...
Because of high expectations for the Prospectors’ Claim, high prices for shares were paid even befor...
In July 1880, some Waitoa residents planned to form a prospecting association to explore the Te Aroh...
High up the mountain, on the edge of a precipice, the Prospectors’ Claim was at first examined only ...
During the early years of the Depression, a few investors sought to form companies to rework almost ...
To explore the new field, men were attracted by the excitement and the great hopes expressed, althou...
Mining was slow to restart after the Christmas holidays on a goldfield whose value was still unknown...
By mid-1880, when there were expectations that gold would be found at Te Aroha, at last Ngati Rahiri...
Those investing in mining companies were, wisely, warned to tread warily to avoid being duped by ‘wi...
The Paris and London Rothschilds became involved in mining investments in the late nineteenth centur...
William Robert Wilson, one of the founders of B.H.P., visited New Zealand on several occasions both ...
Because optimists believed there was payable gold still to be discovered in New Zealand, prospecting...
Hone Werahiko and his party, who owned the original New Find claims, undertook the preliminary devel...
Miners required capital to develop their mines, but being dependent for this on investors, usually s...
After initial interest in it during the initial rush, the Tui portion of the Te Aroha field was larg...
The Werahiko and Waitoki mines were the first to work this ground, with great expectations. During 1...
Because of high expectations for the Prospectors’ Claim, high prices for shares were paid even befor...
In July 1880, some Waitoa residents planned to form a prospecting association to explore the Te Aroh...
High up the mountain, on the edge of a precipice, the Prospectors’ Claim was at first examined only ...
During the early years of the Depression, a few investors sought to form companies to rework almost ...
To explore the new field, men were attracted by the excitement and the great hopes expressed, althou...
Mining was slow to restart after the Christmas holidays on a goldfield whose value was still unknown...
By mid-1880, when there were expectations that gold would be found at Te Aroha, at last Ngati Rahiri...
Those investing in mining companies were, wisely, warned to tread warily to avoid being duped by ‘wi...
The Paris and London Rothschilds became involved in mining investments in the late nineteenth centur...
William Robert Wilson, one of the founders of B.H.P., visited New Zealand on several occasions both ...
Because optimists believed there was payable gold still to be discovered in New Zealand, prospecting...
Hone Werahiko and his party, who owned the original New Find claims, undertook the preliminary devel...
Miners required capital to develop their mines, but being dependent for this on investors, usually s...
After initial interest in it during the initial rush, the Tui portion of the Te Aroha field was larg...
The Werahiko and Waitoki mines were the first to work this ground, with great expectations. During 1...