Hal wrote:
> if there are actually any cases on record of gold miners that
> abandon a mine and others found gold in it the next day. It would be
Diamond mines. Thousands of pounds, and years later.
Cecil Rhodes was the financier. (The only reason he could afford to
do so, was that he more or less controlled the places where you could
pick up diamonds, simply by walking down the beach. There is something
to be said about picking up diamonds, and skipping them into the
ocean.)
Gold mines have been reworked, as the technology for recovering gold
improves. None the less, as a a general rule of thumb, one can
extract more gold, for a lower cost, from one ton of used computer
parts, than one ton of crushed rock that contains gold ore.
IN all instances in which mines have been abandoned, then worked,or
reworked, one of three things happened:
* Technology brought the cost of extracting the gold/diamonds/
to the point that it was economically feasible;
* The organization that provided the venture capital was willing to
lose millions of dollars/pounds in its search for diamonds/gold/
* The original owner died prior to setting up the extraction process.
This left the mine with the status of "abandoned".
I've forgotten his name,but there was a drunk in Kimberly who picked
up a diamond, walked to Cecil Rhodes office, got paid for it, sobered
up and become one of Cecil's assistants. (I'd like to think that that
story is true. It was in my history book. But I wouldn't be
surprised if it was yet another fabrication in the history books I had
at school.)
xan
jonathon
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