Broken Hills was developed in 1913, after gold was discovered in the area.

Broken Hills was founded by two Englishmen, Joseph Arthur and James Stratford. They were the first people to find ore within Broken Hills. After five years of labor, both Arthur and Stratford were only rewarded with $68,000. Arthur and Stratford then sold their claims to George Graham Rice, who promoted the mine and sold shares of property. Rice invested $75,000 of stockholder money into the mine to produce only $7,000 of revenue.

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