Deep level gold mining on the Witwatersrand 1886 onwards Flashcards
1
Q
What sort of machinery was needed to mine deep underground?
A
Expensive machinery
2
Q
Who needed more money to mine for gold?
A
Everyone, even rich people/companies
3
Q
What did companies do to get money so they can mine the gold?
A
They sold shares of their company
4
Q
What happened to the shares when the companies made more money?
A
The shares were worth more money
