Search results
Results from the WOW.Com Content Network
In 1935 New Zealand gold output peaked during the depression, with two-thirds by the Waihi Company which was the largest of the four major companies. That year for tax reasons the Waihi Company was split into three, including the Martha Company which controlled the Martha Mine. [2] By the 1950s the mine was struggling due to a series of factors.
A group of Auckland businessmen offered a reward of £100, increased to £500 for the finding of gold in the Auckland region. The Auckland Provincial Council then offered £2000 for the finding of a goldfield in the Hauraki region south of Auckland, though southerners like the Otago Daily Times regarded the potential Coromandel goldfields as a "Complete Hoax".
Coinage was first brought to New Zealand by whalers and traders in the early 19th century. Following the establishment of the Colony of New Zealand in the 1840s, Spanish silver coins formed the bulk of currency in circulation, but silver and gold coinage from the United States, Portugal, France, and the Netherlands also circulated.
William Fox (c. 1827–9 April 1890) was a New Zealand gold prospector and goldminer. He was born in Ireland on c. 1827. [1] After his discovery of gold in the Arrow River in Otago in 1862 the mining township that sprang up was briefly known as Fox's, before becoming Arrowtown.
Yahoo Finance is a media property that is part of the Yahoo network. It provides financial news, data and commentary including stock quotes , press releases , financial reports , and original content.
It was the site of New Zealand's first major gold rush. The discovery of gold at Gabriel's Gully by Gabriel Read on 25 May 1861 [ 1 ] [ 2 ] led to the Otago gold rush . [ 2 ] While gold had been found in Otago before, this rush was beyond expectation, with the population of the gold field rising from almost nothing to around 11,500 within a ...
The HUI-gold ratio is an expression which compares the relative quantities of the NYSE Gold BUGS Index and the price of gold. The ratio is calculated by dividing the value of the NYSE Gold BUGS Index by the price of gold. [5] Investors use the HUI-gold ratio to illustrate the ever-shifting relative strength of the gold stocks versus gold. [6]
Farmer, gold miner Thomas Gabriel Read (21 August 1825 – 31 October 1894) was a gold prospector and farmer. His discovery of gold in Gabriel's Gully triggered the first major gold rush in New Zealand.