A gold rush is a period of feverish migration of workers to an area that has had a dramatic discovery of gold deposits. Major gold rushes took place in the 19th century in Australia, New Zealand, Brazil, Canada, South Africa, and the United States, while smaller gold rushes took place elsewhere. In the 19th and early 20th centuries, there were several major gold rushes. The permanent wealth that resulted was distributed widely because of reduced migration costs and low barriers to entry. While gold mining itself was unprofitable for most diggers and mine owners, some people made large fortunes, and the merchants and transportation facilities made large profits. The resulting increase in the world's gold supply stimulated global trade and investment. Historians have written extensively about the migration, trade, colonization, and environmental history associated with gold rushes.[1] Gold rushes were typically marked by a general buoyant feeling of a "free for all" in income mobility, in which any single individual might become abundantly wealthy almost instantly, as expressed in the California Dream. Gold rushes helped spur a huge immigration that often led to permanent settlement of new regions and define a significant part of the culture of the Australian and North American frontiers. As well, at a time when the world's money supply was based on gold, the newly mined gold provided economic stimulus far beyond the gold fields. Gold rushes presumably extend back as far as gold mining, to the Roman Empire, whose gold mining was described by Diodorus Siculus and Pliny the Elder, and probably further back to Ancient Egypt.
Gold rushes by region[edit] Australia[edit]
Various gold rushes occurred in Australia over the second half of the 19th century. The most significant of these, although not the only ones, were the New South Wales gold rush and Victorian gold rush in 1851,[2] and the Western Australian gold rushes of the 1890s. They were highly significant to their respective colonies' political and economic development as they brought a large number of immigrants, and promoted massive government spending on infrastructure to support the new arrivals who came looking for gold. While some found their fortune, those who did not often remained in the colonies and took advantage of extremely liberal land laws to take up farming. Gold rushes happened at or around:
2 Ballarat, Victoria Bathurst, New South Wales Beechworth, Victoria Bendigo, Victoria Canoona, Queensland Charters Towers, Queensland Coolgardie, Western Australia Gympie, Queensland Halls Creek, Western Australia Hill End, New South Wales Kalgoorlie, Western Australia Queenstown, Tasmania New Zealand[edit] In New Zealand the Central Otago Gold Rush from 1861 attracted prospectors from the California Gold Rush and the Victorian Gold Rush, and many moved on to the West Coast Gold Rush from 1864. North America[edit]
The first significant gold rush in the United States was in Cabarrus County, North Carolina (east of Charlotte), in 1799 at today's Reed's Gold Mine.[3] Thirty years later, in 1829, the Georgia Gold Rush in the southern Appalachians occurred. It was followed by the California Gold Rush of 1848 55 in the Sierra Nevada, which captured the popular imagination. The California gold rush led directly to the settlement of California by Americans and the rapid entry of that state into the union in 1850. The gold rush in 1849 stimulated worldwide interest in prospecting for gold, and led to new rushes in Australia, South Africa, Wales and Scotland. Successive gold rushes occurred in western North America, moving north and east from California: Fraser Canyon, the Cariboo district and other parts of British Columbia, and the Rocky Mountains. Resurrection Creek, near Hope, Alaska was the site of Alaska's first gold rush more than a century ago, and placer mining continues today.[4] Other notable Alaska Gold Rushes were Nome and the Fortymile River.
Klondike[edit]
3 One of the last "great gold rushes" was the Klondike Gold Rush in Canada's Yukon Territory (189699). This gold rush immortalized in the novels of Jack London, and Charlie Chaplin's film The Gold Rush. Robert William Service depicted with talent in his poetries the dramatic event of the Gold Rush, especially in the book The Trail of '98.[5] The main goldfield was along the south flank of the Klondike River near its confluence with the Yukon River near what was to become Dawson City in Canada's Yukon Territory but it also helped open up the relatively new US possession of Alaska to exploration and settlement and promoted the discovery of other gold finds. South Africa[edit] In South Africa, the Witwatersrand Gold Rush in the Transvaal was important to that country's history, leading to the founding of Johannesburg and tensions between the Boers and British settlers. South African gold production went from zero in 1886 to 23% of the total world output in 1896. At the time of the South African rush, gold production benefited from the newly discovered techniques by Scottish chemists, the MacArthur-Forrest process, of using potassium cyanide to extract gold from low-grade ore.[6] South America[edit]
Between 1883 and 1906 Tierra del Fuego experienced a gold rush attracting a large number of Chileans, Argentines and Europeans to the archipelago. The gold rush begun in 1884 following discovery of gold during the rescue of the French steamship Arctique near Cape Virgenes.[7]
The mineowners' association, the South African Chamber of Mines, was formed in 1889 to represent the industry in dealings with the government. In the 1990s, the Chamber of Mines includes six major mining finance houses, with thirty-six gold mines, twenty-two coal mines, and sixteen diamond, platinum, antimony, asbestos, manganese, lead, and copper mines. Together they account for 85 percent of South Africa's mineral output. The Chamber of Mines negotiates labor concerns on behalf of mineowners, administers training programs for mineworkers, trains mineworkers in rescue and safety procedures, oversees pension and benefit funds, coordinates research programs, and refines and processes some minerals before sale.
4
Diamond Mining in 19th Cenury "Diamond" comes from the Greek "adamao": "I tame" or "I subdue." The adjective "adamas" was used to describe the hardest substance known, and eventually became synonymous with diamond.
Knowledge of diamond starts in India, where it was first mined. The word most generally used for diamond in Sanskrit is transliterated as "vajra," "thunderbolt," and "indrayudha," "Indra's weapon." Because Indra is the warrior god from Vedic scriptures, the foundation of Hinduism, the thunderbolt symbol indicates much about the Indian conception of diamond.
Two events near the end of the 19th century helped change the role of diamonds for the next century. First, the discovery in the 1870s of diamond deposits of unprecedented richness in South Africa changed diamond from a rare gem to one potentially available to anyone who could afford it. Second, the French crown jewels, sold in 1887, were consumed by newly wealthy capitalists, particularly in the United States, where a taste and capacity for opulent consumption was burgeoning.
Seen under the blaze of gas and electric lighting, diamond's brilliance showed to greater advantage than colored stones, and so designs incorporated them in far greater numbers than at any time in history.
5
Before the 1870s diamonds were still rare, and associated with the aristocracy. In 1871, however, world annual production, derived primarily from South Africa, exceeded 1 million carats for the first time. From then on, diamonds would be produced at a prodigious rate.
Simultaneously, the fall of Napoleon III in 1871 left the Third Republic of France with a problematic symbol of monarchy: the crown jewels, largely reset by Empress Eugenie in the style of the great Louis kings. It was decided to auction the bulk, retaining a few key objects for the State.
With French buyers such as Boucheron and Bapst in attendance, Tiffany & Co. of New York bought the major share; 22 lots for $480,000, a sum greater than the combined purchases of the 9 next-largest buyers.
Modern diamond mining as we know it today began in South Africa in the late 19th century. South Africa's diamond mining industry dates back to 1867, when diamonds were discovered near Kimberley, now in the Northern Cape. The Kimberley diamond fields, and later discoveries in Gauteng, the Free State, and along the Atlantic coast, emerged as major sources of gem-quality diamonds, securing South Africa's position as the world's leading producer in the mid-twentieth century. (Rough diamonds were produced in larger quantities in Australia, Zaire, Botswana, and Russia.) Through 1991 most of South Africa's diamonds were mined at only five locations, but a
6 sixth mine, Venetia--in the Northern Cape--opened in 1992 and was expected to become a major diamond producer later in the decade. The De Beers Consolidated Mines Company, founded by Cecil Rhodes, controlled most diamond mining in South Africa and influenced international trade through a diamond-producers' alliance, or cartel--the Central Selling Organisation. The cartel enabled diamond producers to control the number of gems put on the market and thereby to maintain high prices for gem-quality diamonds. The cartel was able to react to marketing efforts outside its control by temporarily flooding the market, and thereby driving down the price paid for an outsider's product.
Lives of miners South Africa's economy -- Africa's largest, was built on the back of cheap black labour, workers who were harnessed to extract the country's deep reserves of gold, platinum and diamonds.
During the apartheid era, minority white rulers forced black South Africans to live in areas far removed from white cities without job opportunities, forcing them to become migrant workers on the mines living in tough conditions.
Even today, many mine workers live in difficult conditions.