Ravenswood is approximately 125 kilometres inland from Townsville. In the early 1900s, it was among the top gold producers in North Queensland. Now, in the 1990s, after several decades of limited activity, Ravenswood gold mining has undergone a revival. This paper will explore the history of Ravenswood from its inception to the present day, emphasising the importance of technology to the progress of the goldfield. Special attention will be drawn to the New Ravenswood Ltd. Company (1899–1917), which combined innovative technology with an effective management, thereby creating an unprecedented level of prosperity in the town of Ravenswood.