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THE GOLDFIELDS.

:.. STOCK EXCHANGE HOLIDAY. The Auckland Stock Exchange closed after the third call yesterday until Monday morning, ag to-day is a bank" holiday. WAIHI. The following cablegram has been sent to the head office of the Waihi G.M. Co., London: -On No. 11 level the Edward lode, south of Spratt crosscut, has been driven on 15 feet (429 to 444 feet); values, 9/9 per ton. The Empire lode Mjuth section, cast of Bath crosscut, has been driven 50 feet (294 feet to 344 feet), value £1 5/6 per ton." CONSOLIDATED GROUP OF MINES. The quarterly report for the period ending December 31, 1915, from the Consolidated Group of Mines is as follows:—Wealth of Nations, Blaekwatcr, and Progress mines (figures given in order of development): Feet driven, 424, 795, and 99 (docs not include crosscuts); feet risen and sunk, exclusive of stones, 216, 248. and 293; reef footage exposed, 444. 635, and 104; width of same in inches, 44, 29, and 58; assay values in dwte, 6.97, 11.5, 9.75; tonnage, stopes (including ore from development), 6.338, 12,434, 5,988; tons milled, 6.583, 13.246, and 6.300; tons cyanided, 4,173, 7.785, and 3.735: total yield per ton milled (in fine dwte), 7.84, 11.26. and 4.82; worjyn!i expenses. £5.899, £12.48(5, £0,934;. cost per ton milled. 17/11, 18/10, and 22/1; revenue value of the gold produced (including concentrates), £10,196, £26,121, and £7,893; value per ton milled, 30/11. 39/5. and 25/7; working profits amount to £4,297, £13,635. and £»59; amount per ton

tnilled, 13/, 20/7. and 3/5; capital expenditnre. £266. £5,230. £323; developments expenditure. £1.880, £2,297, and £1.413; experimental expenses, .and prospecting, £75 (three companies), Blackwater £11 and Progress £18.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19160317.2.36

Bibliographic details

Auckland Star, Volume XLVII, Issue 66, 17 March 1916, Page 3

Word Count
274

THE GOLDFIELDS. Auckland Star, Volume XLVII, Issue 66, 17 March 1916, Page 3

THE GOLDFIELDS. Auckland Star, Volume XLVII, Issue 66, 17 March 1916, Page 3