MINING NEWS.

Auckland Star, Volume LXV, Issue 68, 21 March 1934, Page 4

MINING NEWS.

RAWANG DIVIDEND. Rawang Tin Fields. Limited, Federated Malay States, has declared a dividend of 3d sterling a share. It -will be payable plus exchange, to shareholders in Australia on April 26. YIELDS OF COMPANIES. Bell-Kllgour (Cromwell).—Last week. -ISoz Bd ßrian Boru.—Sloz 14dwt for 12."! hours. Okarito (South Westland).—Last; week. Sloz lodwt for 120 hours. , _ , Gillespie's Beach (South Westland).—Last week, 520z 17dwt for 123 hours. MINE MANAGERS' REPORTS. Talisman Dubbo (Karangahako). — The drive on No. 1 Talisman level lias been advanced 13ft and timbered right up to the face. At present there is no reef showing. The drive from stope to connect with rise has been extended north a distance of 2t»ft on reef Bin wide of payable quartz. There remains a further 14ft to drive to connect through to rise. The liulk of the noartz won has been obtained from the south end of the stope, which continues (o show over 3ft of good grade reef. The north end of the stope is unchanged. CROWN COMPANY'S DIVIDEND. Cabled information has been received by the New Zealand attorney, Mr. I?. G. Milligao. that at the annual meeting of New Zealand Crown Mines Company. Limited. In London on March 25!. the directors will recommend payment of a dividend of F.d a sharp, less income tax at the rate of 5/ in the pound, payable on March Exchange will be added, and allowing for the reduction for British income tax New Zealand shareholders will receive approximately a share.