MINING NEWS.

Auckland Star, Volume XLVI, Issue 147, 22 June 1915, Page 2

MINING NEWS.

BLACKWATER MIXES. A cable has been received irom the London office of the Blackwater mines stating that the annual meeting will be heJd on June 30th, also that a dividend of 1/ hae been declared free of income tax, payable on July Ist. Transfer books will be closed from June '24th to July Ist.

OCCIDEXTAL CONSOLIDATED.

1 The ore Tiroken from Xo. 2 repf has i -shown gold consistently, and 201bs of j good picked stone wprc selected. Data 1 of gold am showing in the back of the i stope, -which is about iiOfi. a.'~>ovc So. 5 level. On the Occidental re»f the ore has not been quite so good, only a few ' dabs o-f gold having been seen this week. '■ Sinking the shaft below Xo. 5 level will ' be started shortly.

CONSOLIDATED c:OI,r>FIELDS. j

QUARTERLY PROGRESS RETORT. |

The report rif the oppr.itlons in the I Wealth of Nniions. Blackwater, and « I rngress mines fnr Hip i|iinrter ended 31st ) of March. 10ir>. Is as follows, flenres hrln X In Hie nrder (riven:—Development, mim'lier ; of feet driven, r>ol, and -121. and -)74 (not a inrltidlntr crosspntsl: number of feet rlson nnd sunk (exclusive of stnpesi. :W2. and I <«>■'. and 4'.T; reer distance exposed feet 1 -'30, and L'l-4. nnd 232 (not Including reef J exposed In rlsesi; width In In. lies. 47, and 15, and 41; assay valup In dwts, 0, and 'Jo, ] nnd 2: tonnage sloped (including ore from development i, i4<;.47i). and 13.50.1 ,-md l 10.406: oi-p milled. 5.053. and 12.1)82. and i 10,4<V>: tons cyanlded. :?,tSO:i. and 7 26T, and ' li.OPO: total yield per ton milled (tine), dwts, - 7.«». and 10.80. and 7.17: wnrklnc expenses cost £r>.(inn, and £13.437. and £O,RSo; cost ■ per ton inlllod. 19/, and 2fl/8, and 18/11; revenue value of pnld producer] (Including < concentrates!. £8,010. and £24,!H!fi. and £13,268; valup per ton milled 26/1, and , :<B/5, nnd -J.V4: workinc profit amount £:!.341. nnd £11.r.2Ti. and £*...TS2; amount per ton milled. 7/10, and 17/T). and 6/5; capital expenditure. £254. and £1.57(>. ' nnd £158; development expenditure, ' £2,501, nnd £2.SSO, nnd £4.030; prospee> Inr. £4S:i for three companies; progress. , £01. f