The Golden Stream Gold Mining Company Limited

Description

Agent TypeOrganisationActivities & OccupationsGold minersHistoryThe company was formed with a capital of 10,000 pounds in 2,000 shares of 5 pounds. It held three different mining registrations which were amalgamated on 28 Jan 1864. By the end of 1865 the mine was employing about 252 men in the various leads. The works were on Smythes Creek, Scarsdale. On 1 Oct 1867 the mine was flooded for twelve days leading to a loss of production which from the beginning of 1863 to the end of 1866 totalled 34,316 pounds. Richer dirt was being recovered in late 1867 but was "cemented" causing slower recovery of gold. This was overcome in early 1868 when plant was bought from the closed Golden Empire Company.

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The Golden Stream Gold Mining Company Limited