The Gold Rush. Local visionary, private business and public investment in mining of southeastern Spain (Rodalquilar, 1883-1966)
Keywords:
Mining History, Gold Rush, History of Public Companies, Business HistoryAbstract
In this paper the development of the exploitation of gold mining in a district of southeast Spain is studied. The growth of this business in three distinct stages is analysed. The first, in which a small group of local investors tried unsuccessfully to launch the operation (1883-1930). The second (1931-1939), in which a company formed by a group of Spanish and British investors go to develop an industrial centre where gold bullion was obtained. And third, in which the operation is carried out by a public company for the Instituto Nacional de Industria (1939-1966). Relations between these companies and the owners of the mines are analysed. In conclusion,uncertainty will always surround this business and the benefits rarely materialise.
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