Money pits : British mining companies in the Californian and Australian gold rushes of the 1850s
Author(s)
Bibliographic Information
Money pits : British mining companies in the Californian and Australian gold rushes of the 1850s
(Modern economic and social history series)
Routledge, 2016
- : hbk
Available at / 1 libraries
-
No Libraries matched.
- Remove all filters.
Note
"First published 2014 by Ashgate publishing"--T.p. verso
Includes bibliographical references (p. 259-267) and index
Description and Table of Contents
Description
Between 1849 and 1853 shares in nearly 120 public companies to exploit the booming goldfields of California and Australia were offered to the British public. The companies were collectively capitalised at over AGBP15 million, but in the end only some AGBP1.75 million was actually raised between 42 of them, with only one company surviving what the newspapers of the day described as a 'gold bubble'. This book provides an overview of the entire bubble event, its antecedents and its outcomes. A number of researchers have investigated an earlier boom in the mid-1820s to reopen gold and silver mines in Latin America and several have studied individual company operations of that period. This is the first detailed investigation of the British gold bubble companies of the 1850s and their involvement in the almost simultaneous gold rushes on both sides of the Pacific Ocean.
Table of Contents
- Contents: Preface
- An overview of the 'gold bubble' companies
- Getting started: the company promoters
- Forming the companies
- Government policies and mining laws
- Operations in California
- Operations in Australia
- Shareholder activists
- The only success story
- The last hurrah
- Conclusion
- Appendices
- Bibliography
- Index.
by "Nielsen BookData"