SALE OF MINING PROPERTIES.
THE N.Z. BROKEN HILLS. On July sth Mr J. Thornes, auctioneer, offered by auction at his mart, 91 Queen-street, the property of the Broken Hills Gold Mining Company (Limited) situated at Tairua. There was a large atendance of those interested in mining matters, and bidding kas brisk, there being five or six bidders desirous of obtaining the property. Starting at £1000 the bidding rose in bids of £100 and £200 to £3500, at which price Messrs H. H. Adams and J. McCombie became possessors of the property. The property consists of 340 acres 3 roods 10 perches, and is known as "Broken Hills," and Broken Hills Nos. 2, 3, and 4, a machine site of 5 acres, 2 water races, and a modern mining plant recently imported from England, embracing 20 head of stamps and complete cyanide plant, manu-i factured for the Company by Messrs Praser, Chalmers and Co., a complete assay plant, all material for the erection of the necessary battery buildings and sheds, and stores, lines, trucks and tools. About £25,000 has already been expended on the machinery and development work.
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Bibliographic details
Auckland Star, Volume XXX, Issue 158, 6 July 1899, Page 7
Word Count
187SALE OF MINING PROPERTIES. Auckland Star, Volume XXX, Issue 158, 6 July 1899, Page 7
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