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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".
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.
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.
Christopher Reilly (sometimes spelt Riley) was an Irish gold prospector who participated in the Otago gold rush in New Zealand in the 1860s. [1] In 1862, Reilly discovered gold on the Clutha River with Horatio Hartley. The location was proclaimed as the Dunstan goldfield on 23 September 1862. [2] [3]
The Otago gold rush (often called the Central Otago gold rush) was a gold rush that occurred during the 1860s in Central Otago, New Zealand. This was the country's biggest gold strike, and led to a rapid influx of foreign miners to the area – many of them veterans of other hunts for the precious metal in California and Victoria , Australia .
Spot gold also rose to a new high north of $2,690 per ounce. Year to date, gold is up more than 30%, beating out the S&P 500’s gain of 22% and making it one of the best-performing commodities of ...
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New Zealand gold rushes (4 C, ... Pages in category "Economic history of New Zealand" ... 2006–2012 New Zealand finance company collapses;