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Wed, Apr 02 | 12:28 am

Aruba’s Gold Rush: A Boom and Bust Story

by | May 13, 2024

Aruba’s history with gold is a rollercoaster ride of dreams, short-lived triumphs, and ultimate disappointment. It all started in 1725 when the Dutch West India Company sent Paulus Printz to explore Aruba, Curaçao, and Bonaire for minerals. While unsuccessful on the other islands, Printz found a small amount of gold and silver in Aruba, sparking a flicker of hope

Bushiribana Gold Mill Ruins Aruba

The real frenzy, however, arrived in the 19th century. In 1824, a goat herder named Willem Rasmijn stumbled upon gold, igniting a gold rush among Arubans. Governor Cantz’laar, eager to capitalize, dispatched his assistant and even joined the dig himself, bringing along high-ranking military personnel. Mining sites sprouted across Aruba, with major deposits found in Daimari, Wacobana, and Arikok.

Early efforts were basic. Miners toiled under the sun, sifting gold from the dry ravine sand with the help of mules. Initial yields were promising, with harvests exceeding 20 pounds in a single day. Dutch soldiers were deployed to safeguard these valuable sites, and Johan Gravenhorst was appointed to oversee operations.

However, the boom times sputtered out quickly. Despite early success in 1824 and 1825, expenses soon outpaced profits. By 1828, mining ceased altogether.

Decades later, in 1867, Aruba Island Goldmining Company received a concession to revive the industry. They built a smelter and expanded mining across the island. Unfortunately, their efforts mirrored the past. After substantial investment, low returns forced them to shut down in 1908. Aruba Goud Maatschappij, a successor company, also faced a similar fate, ultimately succumbing to the effects of World War I and dwindling gold reserves.

The story of Aruba’s gold rush is not just about economic ups and downs. It’s also a story of dashed hopes for the Aruban people. Colonial greed often overshadowed their aspirations. A slave’s discovery of a hefty gold chunk was confiscated, denying him the chance to buy his freedom. Local access to mining sites was restricted, creating tension with the Dutch authorities.

In conclusion, Aruba’s gold rush is a complex saga woven with hope, disappointment, excitement, and conflict. While it brought a brief period of prosperity, the dream proved unsustainable. Today, the remnants of the gold mines stand as a reminder of lost opportunities and unfulfilled dreams.

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