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Home > History and Archaeology > History > Practical Gold-Mining; Its Commercial Aspects. a Collection of Statistics and Data Relating to Gold-Mining and Gold-Mining Finance Companies
Practical Gold-Mining; Its Commercial Aspects. a Collection of Statistics and Data Relating to Gold-Mining and Gold-Mining Finance Companies

Practical Gold-Mining; Its Commercial Aspects. a Collection of Statistics and Data Relating to Gold-Mining and Gold-Mining Finance Companies


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1902 Excerpt: ...4-608 shillings. This, however, may be an excessive charge, as in the case of seven of the principal companies the average cost of development appears to be equal to 252 shillings per ton milled per annum. The apparent excess in the amount actually charged appears to be accounted for by the unwillingness of many of the companies to charge the full amount of development redemption cost until they were making profits. The item "Depreciation" has been treated in detail in various ways by different companies, and it is evident that the percentage must vary in respect to live stock, buildings, machinery and plant, &c, &c, and even in respect to the mine itself. The following percentages have been specified as written off by some of the companies, viz.: --" T' % % % % Mine and Property.--Nothing, unless in general amount charged as depreciation. Buildings, Plant, and Machinery.. 10 33J 14--Development 26J 33J 34 30 Permanent Works Shafts.... 11J 10 25 Furniture and Lire Stock.... 11J 20----Buildings only...... 11J 10 5--Cyanide Plant 10------Tramway 8------Battery of Stamps......4------Dam 50------We may now consider how to apportion the various working charges. It will be noted from the table of working costs that the variation in the total cost at the different mines is not very great. Th ere are a few mines at which the cost appears to be very low, but in these instances nothing has been charged for depreciation, and the development redemption charge is very low. At other mines where the total cost is high, the above two charges are also high, and considering these facts, it would seem fair to take an average of the 38 companies as the nearest estimate, viz., 27'945 shillings per ton milled, and 5-051 shillings per ton tailings cyanided, ...


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Product Details
  • ISBN-13: 9781235878398
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 28
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 1235878392
  • Publisher Date: 15 May 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 68 gr

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Practical Gold-Mining; Its Commercial Aspects. a Collection of Statistics and Data Relating to Gold-Mining and Gold-Mining Finance Companies
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