The Post-war Crisis in the Transvaal, 1901–1904

Peter Richardson
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Peter Richardson: University of Melbourne

Chapter 1 in Chinese Mine Labour in the Transvaal, 1982, pp 8-26 from Palgrave Macmillan

Abstract: Abstract When Walker and Harrison lodged discovers’ claims to auriferous ground on the farm of Langlaagte on the Witwatersrand in the South African Republic (SAR) in 1886, total Transvaal output of gold was a miniscule proportion of the world’s new gold stock. Twelve years later, largely as a result of the spectacular development of the Witwatersrand, the SAR was the largest single source of gold production in the world, accounting for 27.5 per cent of the total.1 As a reflection of this change, the Rand became a magnet for international capital investment, particularly after 1890. In the first fourteen years of production alone, no less than £77.4 million was invested in the fields.2

Keywords: Labour Market; Labour Supply; Mining Operation; Mining Industry; Waste Rock (search for similar items in EconPapers)
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-04889-2_2

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DOI: 10.1007/978-1-349-04889-2_2

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