It was a licence that's used to let miners mine in the gold fields
Department for Manufacturing, Innovation, Trade, Resources and Energy issue the licenses for mining.
Miners needed mining licenses to regulate and control mining activities, ensuring that they comply with legal and environmental standards. Licenses help to protect natural resources, prevent illegal mining, and promote sustainable practices. They also establish a framework for accountability and provide a way for governments to collect revenues from mining operations. Overall, mining licenses are essential for maintaining order and safety in the mining industry.
$500
because everone wanted one.
gold licenses were made to keep order onto the goldfeilds and to reduce the amount of diggers on the goldfeild.
Governor La Trobe introduced gold licenses in Victoria, Australia, primarily to regulate gold mining and generate revenue for the colonial government. The licenses required miners to pay for the right to mine, which aimed to control the influx of prospectors and manage resources effectively. Additionally, the implementation of these licenses helped to maintain order and ensure that mining activities complied with local laws. However, the system was met with significant resistance, leading to unrest among miners.
Australian gold diggers were generally frustrated and angered by the licensing system and fines imposed by the government. They viewed the expensive mining licenses as a burden that restricted their ability to pursue gold and sought to undermine their efforts for wealth. Additionally, the enforcement of harsh fines for non-compliance and mining without a license further fueled discontent, leading to protests and significant social unrest, most notably exemplified by the Eureka Rebellion in 1854. Overall, the licenses were seen as oppressive and unjust, contributing to a sense of injustice among the diggers.
The Eureka Stockade, a rebellion by miners in Australia in 1854, led to changes in the law by prompting the authorities to address the grievances of the miners. This event ultimately contributed to reforms in the form of greater representation for miners, improved mining practices, and the abolition of mining licenses.
Miners typically had to pay fees for mining licenses annually, though specific requirements could vary based on local regulations and the type of mining operation. In some regions, additional fees might be charged quarterly or biannually, depending on the licensing structure. It's essential to check local mining laws for precise details, as these can differ significantly by jurisdiction.
They didn't. The licences were expensive, unfair, and were required to be paid whether or not the miner found gold. The controversy over the mining licences was one of the causes of the Eureka Stockade.
The Eureka Stockade is sometimes known as The Eureka Stockade Rebellion because of all the people that rebelled against the having to pay for mining licenses twice a week.
Virgin Gold is located in an office in Panama but they are not registered in Panama as a mining company nor do they have mining licenses in any Country during a search of World mining permits. They can´t tell anybody where the mines are at and their name does not come up in any mining Journal, mining News or Industry media. They do not have a commercial license in Panama and they do not have permission or a registration from the Panama Securities Superintendency to issue Stock. There are no 500 employees in the office. Only 2. In order to sell investments in Panama you need a Brokerage or Banking License. They have neither.