GOLD MINING
The town of Johannesburg itself was never actually proclaimed, for it was never a dorp according to existing law. Only villages which were laid out on privately-owned ground were proclaimed. Johannesburg consisted of “standplaatsen” which, according to a notice in the Staats Courant of November 24, 1886, were sold on December 8 of that year. The first sale of stands realised £13,000, and consisted of an area of about 307 arc res, bounded by what are now Noord, End, Commissioner and Diagonal Streets. This same piece of ground is valued to-day at something over £10,000,00.
Johannesburg is the centre of the world’s greatest gold production, necessitating expenditure on mining materials, supplies and labour exceeding £29,000,000 annually. The rateable values are over .£58,948,594.
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Hokitika Guardian, 1 November 1930, Page 2
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124GOLD MINING Hokitika Guardian, 1 November 1930, Page 2
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