Remarks on the production of the precious metals: and on the demonetization of gold in several countries in EuropeFaucher, Léon
History
Remarks on the production of the precious metals: and on the demonetization of gold in several countries in Europe
Faucher, Léon
Bimetallism; Precious metals; Precious metals -- Europe
The locality of the first operations was situated at the junction of
two little valleys, whose water-courses fell into the River Macquarie,
a tributary of the Murray, and which soon received the scriptural
name of Ophir. The early successful workings in these “placers” were
soon cast into shade by the more brilliant result of the works on the
Turon, and its tributaries; here gold was found not only in scales,
but in pépites or nuggets. Whilst the Ophir digger was making his 15s.
or 20s. on an average day’s work, the people at Turon were counting
their gains by ounces. The more primitive process of washing had given
way to the more philosophical system by amalgamation. The operation
was sufficiently remunerative to repay a simple mechanic at the rate
of 20s. a day in addition to his keep; but the miners no sooner
obtained money enough to buy a license, and some implements, but they
set to work in a more business-like manner. They formed themselves
into parties of three or six, the day’s work of each party sometimes
producing several ounces of gold. The weight of the pépites varied from
one-fifth of an ounce to many ounces.
Towards the middle of July, Doctor Ker found in the valley of Meroo, a
few miles from Wellington, a lump of quartz weighing 3 cwt., containing
more than 100 pounds of gold. Later, again, they found three “nuggets,”
each weighing from 26 to 28 pounds. In the month of August, the export
to England commenced; the first remittances of gold dust amounted to
£50,000 sterling. The washings at the Turon and Mount Ophir were then
producing £10,000 to £12,000 sterling per week.
Public-domain text, read in full here on John Shaqi.
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