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MINING NEWS.

£?,. the return from the Four Riwrs Plain Com- %** nys , for laat week was 3oz 4dwt for hours' work. *-'* Kocklands Bc«ch Company's dredge obi- S* , IQ , OZ * iwt am *l"?*ni last week. Floods ».; ""enored with work. t'ii!i <, . Se ?? ct "y (Mr H - A - Bruce > ot the F'fetfn * ? P 7* , P rwt *ry Company has received that the dredgo wes atopped (rom p • o clock on Satwaay morning till Monday

j Referring to the question of establishing , a »iodk exchange in Greymouth, the "Greymouth Star" cays:— "In the near future the , w eat Coast will become' the chief centre of dredge mining in New Zealand, and it is evident that it must be controlled and guided ; from as near the base of operations as possible, 1 aad not as at present from Ihinedin, where 'co much mis-management has been eh'own in the pact. Up to now, this feature of the 'dredging industry seems to have been overI looked. Investors have no real guide as to ' prices except those of the Dunedin, Christchurch, and Wellington Exchangee—and principally the former; nor have they any recognised authority where they may represent 1 grievances—real or fancied." I The "Charleston Herald" is informed on very I good authority that a leading shipping com- | pany is now in communication with a resiS dont of that district regarding the Brighton i coal deposits, information being solicited as to their extent, and the possible facilities for development. Should the company consider there is a' possibility of opening up a good I coal-mining field they will send an expert to ' report on the matter. j Writing under date May 23th the No Town correspondent of the "Greymouth Star" says: —The contractors for the dam in which to j Jaunch the dredge now being built in TCo j Town Creek are making good progress with. the work aud expect to have it in readiness in a few days, when the pontoons which arc j nearly, completed will be launched. As thei ! most, of the machinery is already on the i ground at should not be a great length of j time before the dredge is at work. Regarding the work on the North Beach I Company's dredge, Messrs Cutten Bros., the engineers, report that heavy rain has interfered greatly with the completion *f the framing and direction of machinory. At present the ce?ntrifugal pump, winches, boiler, and main ladder are on board and in position, and the work of lining up shafting is proceeding. The work of race-cutting, fluting, and repairing dams ia complete. At the Humphreys Gully eluicing claim a j dozen men are engaged erecting the tail race ! and tables. An electrician'is also busy with the plant for establishing the electric light, which, will- be worked by hydraulic power. There are two iamps of 700 candle power each alongside the tail-race and tables; the electric light will also be utilised by minor lights. Mr Oreenbank, the manager, has fifty men working on tho water-race and tunnelling sixteen miles distant from the claim. The defendants in the case of Thomson's Bullock Crock Gold Dredging Company v Thomson and others, are appealing against the refusal of Mr Justice Edwards to allow the proceedings to be removed from the Supreme Court, Wellington, to the Warden's Court in Westland.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19010607.2.15

Bibliographic details

Press, Volume LVIII, Issue 10985, 7 June 1901, Page 3

Word Count
547

MINING NEWS. Press, Volume LVIII, Issue 10985, 7 June 1901, Page 3

MINING NEWS. Press, Volume LVIII, Issue 10985, 7 June 1901, Page 3

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