Mines Of Silver And Gold In The Americas
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Mines of Silver and Gold in the Americas
This volume focuses on Latin America, since it was mainly there that Europeans (or their colonial descendants) actually engaged in mining in the 16th-19th centuries; elsewhere they traded metals mined by others. The principal metals produced, and in prodigious quantities, were silver, in the Spanish colonies, and gold, mainly in Brazil in the 18th century. These articles analyse the volume and pattern of production and the forms of labour found in mining. Particular attention is given to the technologies of extraction and refining, notably the adoption of the mercury amalgamation process: this had a major impact, driving down silver production costs; because the mercury mines were a royal monopoly, it also handed control to the Spanish crown.
A New World of Gold and Silver
Colonial Latin America was famed for the precious metals plundered by the conquistadores and the gold and silver extracted from its mines. Historians and economists have attempted to determine the amount of bullion produced and its impact on the colonies themselves and the emerging early-modern world economy. Using official tax and mintage records, this book provides decade-by-decade and often annual data on the amount of gold and silver officially refined and coined in the treasury and mint districts of Spanish and Portuguese America. It also places American bullion output within the context of global production and addresses the issue of contraband production and bullion smuggling. The book is thus an invaluable source for evaluating the rise of the early-modern economy.
A History of Mining in Latin America
For twenty-five years, Kendall Brown studied Potosí, Spanish America's greatest silver producer and perhaps the world's most famous mining district. He read about the flood of silver that flowed from its Cerro Rico and learned of the toil of its miners. Potosí symbolized fabulous wealth and unbelievable suffering. New World bullion stimulated the formation of the first world economy but at the same time it had profound consequences for labor, as mine operators and refiners resorted to extreme forms of coercion to secure workers. In many cases the environment also suffered devastating harm. All of this occurred in the name of wealth for individual entrepreneurs, companies, and the ruling states. Yet the question remains of how much economic development mining managed to produce in Latin America and what were its social and ecological consequences. Brown's focus on the legendary mines at Potosí and comparison of its operations to those of other mines in Latin America is a well-written and accessible study that is the first to span the colonial era to the present.