FREE BOOKS

Author's List




PREV.   NEXT  
|<   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168  
169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189   190   191   192   193   >>   >|  
we find the now noted pioneer expedition plying its activities in Mashonaland. Mr. Basil Worsfold, in a most instructive article in the _Fortnightly Review_, affords an excellent insight into the energy that characterised the Company's proceedings:--"In the space of three months, a road 400 miles in length was cut through jungle and swamp, and a series of forts was erected and garrisoned by the Company's forces. After the Matabele war, which occupied the closing months of 1893, the prospecting and mining for gold was commenced in Matabele, as well as in Mashonaland, and at the present time Buluwayo, Lobengula's kraal, has become the chief centre of the industry. These operations were checked by the revolt of the Matabele and Mashona in 1896, but since that period gold mining has been steadily progressing. The Buluwayo yield for December 1898 amounted to 6258 oz.: while that of the four last months--September to December--of the same year was 18,084 oz., of the value of about L70,000!" [Illustration: A MATABELE RAID IN MASHONALAND. Drawn by W. Small, from Sketches by A. R. Colquhoun, First Administrator of Mashonaland.] The other fields which yield gold are the Transvaal, Lydenberg, and De Kaap fields, and the Klerksdorp and Potchefstrom fields. The output of these fields continues to grow apace, but how much longer the growth will be maintained is uncertain. The opinion of Mr. Hamilton Smith, who wrote to the _Times_ on the subject in 1895, is worth consideration. He says, "In 1894 the value of the Randt gold bullion was L7,000,000, and this without any increase from the new deep-level mines; these latter will become fairly productive in 1897, so for that year a produce of fully L10,000,000 can be fairly expected. Judging from present appearances, the maximum product of the Randt will be reached about the end of the present century, when it will probably exceed L12,500,000 per annum." It is interesting to find that Mr. Smith's maximum figure was already exceeded in the year 1898, when the total yield of gold was 4,295,602 oz., valued at L15,250,000! The following table, based on Mr. H. Smith's and Dr. Soetbeer's estimates, affords us an opportunity for comparing the South African output with that of other countries, and the world's present supply with that of former years:-- GOLD OUTPUT FOR 1894. | WORLD'S OUTPUT. ------------------------------------------------------------------
PREV.   NEXT  
|<   144   145   146   147   148   149   150   151   152   153   154   155   156   157   158   159   160   161   162   163   164   165   166   167   168  
169   170   171   172   173   174   175   176   177   178   179   180   181   182   183   184   185   186   187   188   189   190   191   192   193   >>   >|  



Top keywords:

fields

 

present

 

Mashonaland

 

Matabele

 

months

 

maximum

 

Buluwayo

 
fairly
 

OUTPUT

 

output


December
 

affords

 

mining

 

Company

 
increase
 
maintained
 

uncertain

 

opinion

 

Hamilton

 

growth


longer

 

bullion

 

consideration

 

subject

 
Judging
 

valued

 

exceeded

 
supply
 

opportunity

 

comparing


African

 

estimates

 

Soetbeer

 

countries

 

figure

 

interesting

 

appearances

 

expected

 
product
 

reached


produce

 

century

 

exceed

 

productive

 

series

 

erected

 

jungle

 

length

 
garrisoned
 

forces