THE GOLDFIELDS,

Auckland Star, Volume XLV, Issue 155, 1 July 1914, Page 2

THE GOLDFIELDS,

—■ - ■ ' GRAKB TtTXiCftOii.

"-I&N INCREASED ODTPUT. » (By -Telegraph Ora OtnTegpondefft.) < ' WcVTIII. this day. In connection "with the placing in commission yesterday of twent}- additional stamps at the \Vai!ii Grand Junction mill (making- a total of sixty. A3 compared with forty in the past.i, it. may 60 pointed out that this extension to the battery means an immediate increase ia the monthHy goid output, and lor ihe time l»;ing the tonnage of ore In the m>ll will be raised from about 8.500 to 10.000 tons for each fourneekly period. The bullion won should yield from £19.000 to £20,000 per month, thus ensuring the payment of an increased dividend. The new stamps are heavier than the okl. being of 1250Tbs each, compared -with 10001b*. and the extra weight, coupled with liie fact lit at the installation is in ererv way up to- date, will mean much greater efficiency. The whole sixty head of stamps ■will not :be brought into use at present, it the intonfion ot the nwnaji*ment to thoronphly overhaul the old stamps, wiiKh will bo hung up in groups of ten at a time, )ea-v.ing fifty in eommissioji coatin-uoiisly until the necesFiarj" Tepnirs an<l altPTations havo bep.n completed. At an informal gathering' of the heads of departmente the new stamps -were-fi«t in motion, and -worked smootWy and Hafcfaetorrly. those the sta-rimp- of the plant -were entertained by tba manafrer. ami speechoa, wiihinjT >U cceßs to the. new of the battier)- and con tinned and racrcaeedigjEoeperity to the company uiid -aJtecaDcernpd, .Tnade. WAIHI KX.TEN7DED. meting of shareholders Jji/tlie WaLhi Extended <Jj]\L Oorapov y<*t«rday aitornoon the rt>port sind Irilance--were adopiod. tlw T etirin<r dirw■for?..3fessTS. .lohn Pmter and Neil afe<wni» ce-e)ect«i, and the auditoi. ilr. ~H.. J. Jjoe, -sras Teappointed. %■CEOw>-^ rcti-rx. iDoirfch the Xi Grown Mine* Ltd.. «tr«Eted 1165 tons of ore for a rebmnof £2101. Tiro tofcd (exclusive <jf development) were £1833. orjual -to rtl.Uis per ton. made up as foHows?—Mining and transport, 'ISJSs; jmUmg, S£2s; miseellanccHis <-Jiarpes (rncludins sold dirty J. 4.185. Tn addition flrrwdorpmpnt «ost £."506. equal to s.i"ig per ton. Tuc-total returns to.date, are To find -of 1913 .^..«.» M , dCS7I,oBS In 1914— Ttrbnmv - 2S. 1,653 tons ,. L 1 '£3,112 • M-aTch, 005 tons ~ , . ! £2;QI3 Apri3, 1,483 tons X^,ooo MayiJ]36.> tons &I.WI XoM to duto '.i:sBO,BS3. \