Story: Gold and gold mining


A prospectus is a printed sheet that details an offer to buy shares in a company. Many companies needed to raise money to build mining equipment such as dredges. The companies gave themselves optimistic names, and their prospectuses often exaggerated the richness of their claims. This prospectus was for a claim near Beaumont on the Clutha (Molyneux) River.

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Hocken Library, University of Otago
Reference: SO4-272V

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How to cite this page:

Carl Walrond, 'Gold and gold mining - Otago', Te Ara - the Encyclopedia of New Zealand, (accessed 18 June 2024)

Story by Carl Walrond, published 12 Jun 2006