10 p.c. PAYOUT BY RANIERI
Company May Move Dredge (N.Z. frets Asuetauon) GREYMOUTH, May 8. Kanieri Gold Dredging, Ltd, has declared a 10 per cent dividend giving subscribers 20c a share. The company operates the only gold dredge in New Zealand, and works the lower reaches of the Taramakau River on the West Coast, about 15 miles south of Greymouth. It has recently made an application in the Greymouth Warden’s Court for a mineral prospecting warrant for an area in the Grey River in the Ngahere district, north-east of Greymouth. Company officials would not confirm today that the application meant that tbe giant dredge might be moved to the area for which the mineral warrant has been applied.
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Bibliographic details
Press, Volume CIX, Issue 31983, 9 May 1969, Page 6
Word Count
11810 p.c. PAYOUT BY RANIERI Press, Volume CIX, Issue 31983, 9 May 1969, Page 6
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