The Gold Product.

Auckland Star, Volume XXVII, Issue 283, 28 November 1896, Page 4 (Supplement)

The Gold Product.

«Z :s now evident bbas the production of v^d for tfao naxb fifty yenra will bo altogjeihar unprecedented. This production fras been vigorously stimulated by fresh «S!iscororiß9 of mines, by new asd cheap mining processes and by the fall of silver, isadine miners to pty greater attention to the other metal. Tho operation^ of the fafctor factor is beisb Been in Colorado, where the creuluc.fcion of gold rose from £300,0)0 in 1892 to 87,527,000 in 1893, and to About 812^000,000 in 1894. The production of 1895- in Colorado is confaSJotly expected 10 roach $20,000,000. The director of the Hunt is of tho opinion that the production of the United bfcafces rose from §53,014,081 in 1892 to about 339 500,000 in lS9fl s while other good j&ut'horitip.s pub tha production of 1894 at f50.000.000. The annual report) of other cre'ftfc producing coirnbrieß shows a large iacreafts of Into yvirs In hia notable ertiole in tlio 'Nortih American Review, Mr Prosbon atntwi that tho worid'a production of ffold for 1593 was * the large«t in liietory, "nmounMiJi; in round numbers to §155,522,000. Tho product of 1804, how-, ever' vary largely exceeded-probably by 25 par cant.—the product of 1893. There is .scarcely any assignable limit fco the gold known fco <sxi«d in the world, or oven in tha United States. It is said thu6 simply by the removal of^he reasrictioaa on hydraulic mining tali-fo-uia can produce half a bullion of gold, '-be quantity easily obtftiwable in Colorado & ebupendoua. Other parta of tha United Jjtaces are ulao rich, whilo Australia and Blusßia probably posaef> a stock equal to bur own, and ale increasing the annual output every year. But the masb surpnaW and, so to upaak, revolutionary facts regarding cold that havo recently como *o"lio;hfe nra tfcioeo concerning the great WitwaSererandb mines of South Africa. Thora tbe gold is found in enormous quantities «Md in a cheaply workable form in a new geological situation—' in strata the component parbn of which are pieces of quartz hold together by a clayey eonaenb. —'The Science and Art of Mining.'