When the British occupied Pretoria on June 5, 1900, Lord Alfred Milner established that gold to the value of approximately £800 000 (about R8-million in today’s terms, but bear in mind that the price of gold has gone up manyfold since 1900) had been removed from the S A Mint and National Bank between May 29 and June 4, 1900.
Gold to the value of £2,5-million was confiscated from gold mines and, according to documentary proof, £1 294 000 was removed from the S A Mint and National Bank. Gold to the value of about £2 million had disappeared ! Milner did everything in his power to find the gold but rumors began to circulate that the gold was buried somewhere and this fired the imagination of many, including that of the writer, Gustav Preller.
Armed with a pistol, he dramatically commandeered a mule wagon in Sunnyside. That night one load of gold was transported by the mule wagon, and four loads by a horse cab, to a waiting train on Pretoria station.
In the Preller collection, in the State Archives in Pretoria, there is a typed copy of the article in which Preller says: “I think it was on 28 May 1900, because on 31May I left Pretoria. Let’s say it was 28 May. In any case it does not seem that the precise date is important now”.
Ernest Meyer, Master of the Mint in 1900, was involved in the removal of the money and gold from Pretoria. On October 25, 1949, as a result of what Preller wrote, Meyer drew up a document in which the removal of the money and gold on June 4, 1900, is described.
In Meyer’s version of the events General Smuts, who was State Attorney at that time, was left behind in command at Pretoria, while the government head-quarters moved quietly and almost unobserved to Machadodorp. On June 2, the British forces were approaching Pretoria from the South. The mint was still in operation and, as was usual, was closed on Saturday June 2.
Apart from the account of the gold from the mint being loaded, there was supposed to be gold bullion in bar form from the gold mines that was also loaded. In 1930, according to Historian Hedley Chilvers however, most of the bar gold was never accounted for !
He maintains that the total value of the bar gold was £2 million (approximately 480,769 ounces or 1,202 bars) which would have a value of 26 million dollars (R6.6 billion) today – consisting of 183,138 ounces of bar gold (457 bars) was taken from the Witwatersrand mines : Robinson Mine (198 bars), Ferreira Deep (104 bars), Ferreira Mine (96 bars) and other small mines (60 bars).
12 years after the end of the war the State Mining Engineer Jan Munnik said at a public meeting : “I would ask General Botha what has been done with the 134 gold bars, worth roughly £750,000, which he had recovered from the mines, and which, at President Kruger’s departure, were left in the hands of the Commandant-General, General Botha, and two others, by government resolution. Thus far the gold has never been accounted for, and if General Botha can give a satisfactory explanation, and if there is any gold left, I would say: Hand it over to help the Empire.”
Sourced from: Sabie