and engineering journal . erating charges, cannot afford to do this. Retrenchment Inevitable. It i- not surprising, therefore, to learn that the positionof the company is again being most carefully investigated,and part cularly so with a view to red- It may be possibL to effect retrenchment gradually so as to !?the burden of hardship on the empolyees and the communityat large But it seems that little short of a miracle canplace the proposition on a satisfactory basis. It will doubt-loss he possible to continue productive operations on abarge hut modified scale for some ti
and engineering journal . erating charges, cannot afford to do this. Retrenchment Inevitable. It i- not surprising, therefore, to learn that the positionof the company is again being most carefully investigated,and part cularly so with a view to red- It may be possibL to effect retrenchment gradually so as to !?the burden of hardship on the empolyees and the communityat large But it seems that little short of a miracle canplace the proposition on a satisfactory basis. It will doubt-loss he possible to continue productive operations on abarge hut modified scale for some time to come. But uisome tremendous effort is made by thi es to pull the mine round, and even now it may ho too late, we failto 3ee how the can continue to carry on for anylength of time. And the it should lie madeclear, is ono of the largest employers of white labour in thecountry £700,000 a Year in Wages. The wages bill of the E REM. is in the neighbourhoodof 6700,000 per annum. Stoppage of work at the property. A Scene on the Cason Section of the in the days of the companys prosperity. Scattered Ore Reserves. The proposition is a difficult one to work. It is essentially a low-grade venture, and the only re-maining blocks of comparatively good grade ore are so scat-tered that the cost of mining cannot hut he high; underpresent working conditions it is so high that it is difficult tosee how the property can continue working except on amuch reduced scale of operations. The general public haveheard so much about the plight of this mine, once regardedas one of the Consols of the Rand, that they have cometo regard talk of closing down the as a cry ofWolf. But the true facts of the case arc that unless thereis a sharp rise in the price of gold or a very substantialreduction in working costs the outlook for the East RandProprietary is well nigh hopeless. would he ail unprecedented mi-fortune to the whole the economic calamity would not
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Keywords: ., bo, bookcentury1800, bookdecade1890, booksubjectmineralindustries
