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South African Riches: Diamond and Gold Industry Tom Stewart

South African Riches: Diamond and Gold Industry

Tom Stewart

Published August 9th 2015
ISBN :
Kindle Edition
40 pages
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 About the Book 

South African Riches: Diamond and Gold Industry.This Book Walks You through the Diamond and Gold industry in the Republic of South Africa.South Africa is a land of contrasts, and beneath the amazingly varied landscape lies the richest mineralMoreSouth African Riches: Diamond and Gold Industry.This Book Walks You through the Diamond and Gold industry in the Republic of South Africa.South Africa is a land of contrasts, and beneath the amazingly varied landscape lies the richest mineral treasure trove man has ever unearthed in a confined region. The country is bed to almost every precious metal, stone and mineral on the periodic table albeit in varying degrees: from miniscule traces to quantities of untold value.Mineral exploitation in the southernmost state of Africa dates back to the Stone Age but modern commercial mining can be traced circa 1852 when the first copper mine was established on the Springbokfontein farm (modern day town of Springbok) in the region of Namaqualand in the Northern Cape (largest province that’s slightly bigger than Germany in Europe).It was not until the discovery of diamonds and gold that industrialization in Africa’s richest and most advanced nation began in earnest, however. And this altered the course of its history. It brought with it enormous wealth and success, and heartbreak and lost hope in equal – or rather larger – measure as the El Dorado disillusion wore off. People from the world over came to try their luck in the gold and diamond fields.Diamonds were first discovered at Hopetown in 1867 and it was only befitting that the very first stone be named the Eureka diamond. Four years later, more diamonds were unearthed in neighboring Kimberly and this story would not be complete without throwing in De Beers Consolidated Mines (a name that will pop up herein severally), the first mining company founded by Cecil Rhodes in 1888 and the world’s largest mining company today.The discovery of diamonds heralded that of gold which followed shortly after in the closing months of 1870, and this transformed South Africa from an Agrarian economy to an industrialized one.