MINING NEWS.

Auckland Star, Volume LXIX, Issue 228, 27 September 1938, Page 6

MINING NEWS.

EMPEROR MINE.

SUCCESSFUL OPERATIONS.

The success which has attended opera. ?l°, n .?v of Em P Pr <>r Oold Mines. Limited (Fiji), since the large treatment plan- ■* wa-- brought into commission at the bests- ' mns of the year has prompt-d chareho den ' to consider the. possihiliry of a uVclaraHoa * of the company's first states tfca : "Argus." Melbourne. ™"

' i^ Sin . ce tbp P lanf camp into operation to the cio«e of the last KodncUm period on September ~ the. company treated 118,003 •„• 8 tons of ore for a yield of 34,788 fine r ounces of gold, an average grad- *F - t approximately Gdwt a ton. Total ntae • was about £304,393. A total of 1.7*3)00 shares is -ssued. as well as 110.000 shares ? • SctoDer OP iB° n *° *** Ve ° dOPS ** mr ""* It is considered probable that dretribntion of a dividend at an earlier iteteha. been prevented by the fact that thecom! pany has had to meet- * conshlerSte [ amount of capital expenditure oat oTp£. > fits earned. *^ ™ T kl. change-over to the large plant was marked by a fall i„ the average gradeTrf the ore treated. This was caused hr the inclusion in the millings of a lark on.n , tity of oxidised ore from the B which, under large-scale Mod. the eoSS pany is able to treat profitabh? "^ The development of the* xoldminim* industry in Fiji by the EmpfroT aid Loloma ccrapanies ha? led to the m Si of a large settlement thVfiehPw»E about 2000 inhabitants. iFs ImportSS was recently recognised by tfe authorities, who have gazetted1 it *%*! town with the name of Va^-koala, MOUNT MORGAK OUTPUT. " (By Telegraph.—Press Association.) V WELLINGTON. Saturday. \-t A cabled production report has ne*»' bS> tw? Mount Morgan, Ltd.. J£«agt2k for the four weeks ended September 21 mined totalled 68.251 ton 7 ore <*«.£? b.v sulphide 34.530 tons. *E°d i^" 1 -- C n The «*'»« ted production of grfS 14 to22°?r ™ d •'° Pper % tons - -nclaSni 14 tons from copper precipitation. -REPORTS OP MANAGERS. l * „„^ unt o J*'! 1 'Tasmania).—Fortnlghfe ended September 14.- Tons ertrarted-A-North LyeU. 3886; Crown LreaTaSs , K^?'*"* 1 ' 789 tons '*«ery uJSSgwßk*' duced for current year. Con^atatSsfe ?w^5 e ' Producing 2308 tons concenteS.* Copper refinery: Tankhous* in openirW tntooghout fortngiht: 422 tons cathmH copper produced for period. Total for «uv rent year 11,815 tons! *™^ Big River (Reefton) :—Report fop Hi* week ending September 22-?Jfo 5 jJI! North stope, filling not vet ' wide and of fair grade. No. 4 lever- Smm. 2 " 25 wWe «** long . tonß of Btone sent to the RETURNS OP COMPANIES. " ,--; 2in. 01 ?5 e1^ 8 - (Central Otago).— 21oz 4dwt in 118 hours. ended ta sL^£f ti °?- < M »rchison)._Week .vardtifjoT^urs lol IM °" tnm 20fi0 ° , (^ Bt Coast).—soox from ™ . y rds in 112 hours. wash 3 im b 2f 5 * C^st).—Farther partial retnranr L N °-«S nad <>ock resulted™ a mike? O-J °1 l €dwt in 288 hou ™- "Ha wlfif • 7dwt from this paddock, from 7 lnn El ° C , trlC {West Coast)-220« Mo. l,° S?"! 8 in V2i nours. Alataki Dredging <Murchi«on) —Week Nemona (West Coast).—Week ended W^ r e k „ S ded sfpleTnfr 22 (% rtota?°o a f 8t from 0.100 yards in 124 hours ° f 36 °" Paddy s Point wash-up, 320z 2dwt sis weeks; Okarlto, 330z lOdwt 113 hours.