British Investment in Overseas Gold Mines: The Queensland Experience 1886-1890

Megarrity, Lyndon (2023) British Investment in Overseas Gold Mines: The Queensland Experience 1886-1890. Journal of Australasian Mining History, 21. pp. 125-131.

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Abstract

n 1898, financial author S.F. Van Oss claimed that it is ‘often laughingly said on the London Stock Exchange that the “market” in this share or that has “gone to have a shave”, or lunch.’ Whether or not this anecdote is accurate, there is little doubt that individual company promoters had immense influence over the direction of the London mining market during the late nineteenth century. This paper will address the nature and extent of the power of London mining promoters in the 1880s and 1890s. The largely negative impact that these promoters had on overseas mining will be illustrated by an examination of the British involvement in Queensland gold mining shares between 1886 and 1890.

Item ID: 81355
Item Type: Article (Non-Refereed Research)
ISSN: 1448-4471
Keywords: British Investment; Queensland; Mining History
Date Deposited: 10 Dec 2023 23:38
FoR Codes: 43 HISTORY, HERITAGE AND ARCHAEOLOGY > 4303 Historical studies > 430302 Australian history @ 100%
SEO Codes: 13 CULTURE AND SOCIETY > 1307 Understanding past societies > 130703 Understanding Australia’s past @ 50%
25 MINERAL RESOURCES (EXCL. ENERGY RESOURCES) > 2599 Other mineral resources (excl. energy resources) > 259999 Other mineral resources (excl. energy resources) not elsewhere classified @ 50%
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