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Chillagoe Railway & Mining Co.
The Chillagoe Railway and Mining Company was an Australian business established in 1897 initially under the name ''Chillagoe Proprietary''. Its initial purpose was to build a railway to the town of Chillagoe, Queensland to support the development of mining. In 1898, the company was recapaitalised as the ''Chillagoe Railway and Mining Company''.
==History==
In the search and prospecting for copper outcrops in the North Queensland the Tablelands area, several copper outcrops were discovered on William Atherton’s cattle property called “Chillagoe” this was in 1887 by two prospectors acting on behalf of John Moffat, the Scotsman, who was to build a vast mining empire in the north Queensland.
After investing a considerable fortune in the district, Moffat realised that he did not have sufficient capital to exploit the Chillagoe deposits and in 1893 formed a syndicate with C.W. Chapman and J.S. Reid. Together they formed the Chillagoe Proprietary Limited and approached the Queensland Government with a proposal to extend its Cairns Railway to the mining leases.
The Queensland Government however, although sympathetic, was not prepared to spend money on a mining railway in the aftermath of the financial crash of the Queensland National Bank. The proposal was declined,but the company was eventually authorised under the provisions of ''The Mareeba to Chillagoe Railway Act of 1897'' to construct the railway line. One provision was for Chapman, Reid and Moffat to transfer all their rights and obligations in regard to the railway, and their mineral leases, to a company reformed in Melbourne, Victoria in 1899 known as The Chillagoe Railway & Mines Ltd., with a capital of £1,000,00.
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