1888
1884

1886

“The output of gold in 1886 is, I regret to say, less than that of 1885, but the decrease in quantity amounts to only 2,319 oz., and in value to £12,371.

“Each year I have been hoping that the lowest point had been reached and that the development of our auriferous deposits would have again attracted the attention of capitalists, but, perhaps partly on account of the drought, and partly on account of the general depression, the hope has not yet been realized.

“During the year, a few discoveries more or less important were made, but with the exception of the deposits at Fairfield, they have not attracted much attention.

“The late abundant rainfall may, it is hoped, lead the further testing of many of our older gold-fields, which have for some years past been neglected in consequence of the scarcity of water.”

Left: Mines Department Annual Report 1886. Images and content presented here from this report reproduced courtesy of NSW Trade & Resources, Minerals & Energy

THE OVERVIEW OF THE STATE’S GOLD MINING FOR 1886

Overall there was little good news to report in the gold summary section. One feature item however did stand out to reinforce the oft repeated claim that proper funding and good management could make good money from gold.

“At Lucknow the New Reform Company is adding to the machinery. This company has during the past two years, paid £15,750 in dividends, besides sinking the main shaft 100 feet deeper, and paying all expenses connected with machinery.”

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MINES INSPECTOR SUMMARY OF THE MAJOR FIELDS

“Very little is doing in the development of the Adelong mines, owing, principally, to want of capital. When this is once forthcoming, Adelong will again become one of the leading gold-fields of New South Wales, not only in quartz, but also in alluvial mining.

“At Temora, no fresh discoveries worth any special note have been made during the year. On Lambing Flat, about 3 miles from the township of Young, mining operations are still carried on with vigour, in the wet alluvial ground.”

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