Story: Industrial sectors

Macrae’s gold mine (1st of 2)

Macrae’s gold mine

The massive Macrae’s gold mine in Otago covers many hectares of land and includes several giant pits, plus roading, machinery, buildings and other infrastructure. This is all ‘physical capital’ – often the biggest capital component of a primary sector industry.

Using this item

Otago Daily Times
Reference: 26 December 2004, p. 27
Photograph by Stephen Jaquiery

Permission of the Otago Daily Times must be obtained before any re-use of this image.

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How to cite this page:

Ganesh Nana, 'Industrial sectors - Primary sector', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/23150/macraes-gold-mine (accessed 14 October 2019)

Story by Ganesh Nana, published 11 Mar 2010