1983
DOI: 10.1111/aehr.231004
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Copper and Credit: Commission Agents and the South Australian Mining Association 1845–77

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“…Mine development was financed mainly from retained earnings, so consequently these features made the cost book company suitable for minerals that were easily won, but inappropriate where costly deep mining was required. The 'no liability' company, an Australian invention, was a development of the cost book form of organization (Davies, 1983;Godden & Robertson 1902).…”
Section: Figurementioning
confidence: 99%
“…Mine development was financed mainly from retained earnings, so consequently these features made the cost book company suitable for minerals that were easily won, but inappropriate where costly deep mining was required. The 'no liability' company, an Australian invention, was a development of the cost book form of organization (Davies, 1983;Godden & Robertson 1902).…”
Section: Figurementioning
confidence: 99%