The actual discovery of gold in the Transvaal territory is credited to a German named Mauch, who travelled through that part of the country early in the century. He returned to Berlin with wonderful reports of the gold he had found, and attempted to enlist capital to work the mines. Whether his reports were not credited, or whether the Germans feared the natives, is not recorded, but Mauch is not heard of again in connection with the later history of the country. In 1854 a Dutchman named Jan Marais, who had a short time before returned from the Australian gold fields, prospected in the Transvaal, and found many evidences of gold. The Boers, fearing that their land would be overrun with gold-seekers, paid five hundred pounds to Marais, and sent him home after extracting a promise that he would not reveal his secret to any one.
It was not until 1884 that England heard of the presence of gold in South Africa. A man named Fred Stuben, who had spent several years in the country, spread such marvellous reports of the underground wealth of the Transvaal that only a short time elapsed before hundreds of prospectors and miners left England for South Africa. When the first prospectors discovered auriferous veins of wonderful quality on a farm called Sterkfontein, the gold boom had its birth. It required the lapse of only a short time for the news to reach Europe, America, and Australia, and immediately thereafter that vast and widely scattered army of men and women which constantly awaits the announcement of new discoveries of gold was set in motion toward the Randt.
The Indian, Russian, American, and Australian gold fields were deserted, and the steamships and sailing vessels to South Africa were overladen with men and women of all degrees and nationalities. The journey to the Randt was expensive, dangerous, and comfortless, but before a year had passed almost twenty thousand persons had crossed the deserts and the plains and had settled on claims purchased from the Boers. In December, 1885, the first stamp mill was erected for the purpose of crushing the gneiss rock in which the gold lay hidden. This enterprise marks the real beginning of the gold fields of the Randt, which now yield one third of the world's total product of the precious metal. The advent of thousands of foreigners was a boon to the Boers, who owned the large farms on which the auriferous veins were located. Options on farms that were of little value a short time before were sold at incredible figures, and the prices paid for small claims would have purchased farms of thousands of acres two years before.