South Africa and its future . 00,000 will be increased to some pointbetween;^30,ooo,ooo and ^50,000,000 within a few years time, andmaintained thereat, more or less continuously, for periods varyingover 45 and 65 years. The production of the several estimatesfor the whole period gives an average of ^37,000,000, which is onlyslightly higher than that of Mr. Bleloch, which is ^35,714,285. This,consequently, is the handsome yearly output which the Rand miningindustry offers in the near future—an amount which alone equals thetotal production of the whole world in 1897—if the circumstances areat le
South Africa and its future . 00,000 will be increased to some pointbetween;^30,ooo,ooo and ^50,000,000 within a few years time, andmaintained thereat, more or less continuously, for periods varyingover 45 and 65 years. The production of the several estimatesfor the whole period gives an average of ^37,000,000, which is onlyslightly higher than that of Mr. Bleloch, which is ^35,714,285. This,consequently, is the handsome yearly output which the Rand miningindustry offers in the near future—an amount which alone equals thetotal production of the whole world in 1897—if the circumstances areat least equal to those which previously prevailed. 99 South Africa and its Future Having advanced the question of the future of the mining industryto the extent of showing a possible gold yield of at least 2,87 i millions,spread over a period of seventy years at the rate of between 2)1 and40 millions a year, at a moderate estimate, it is pertinent to inquiresomewhat into the efficacy of the means for securing this return, the.
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Keywords: ., bookauthorargylljo, bookcentury1900, bookdecade1900, bookyear1903