Mining

Cromwell Argus, Volume LXI, Issue 3162, 11 May 1931, Page 5

Mining

Ihe spell of hard frost, following on a fairly long spell of dry weather has sent the rivers to a low level. The Kawarau has seldom been lower, and the time seems opportune for operating the gates at the lake. Nothing detinite is so far known concerning the amalgamation proposals and I rofessor Cornell's report. With the gates closed at present there is no doubt the unemployed could find profitable r 'work on the stream, and thus be in a, better position for some weeks. A; closing such as that suggested could cease immediately the weather broke.

The local director, Mr R. G. Varcoe, js in receipt of advice from* Christchurch office that Cornish Point is to commence work again almost immediately. Mr Syme, from the West Coast, is taking up the position of manager, and will probably anive early this week. The preference shares have been well subscribed in Temuka, Timnru, Christchurch, and Dunedin. Judging from indicutijis when work ceased last season, hose directly associated with the concern are quite hopeful.

Mr G. K. D. Scale, a mining engineer well-known in these parts, was in Cromwell on Friday e\'cmng. JI is chief mission was a meeting- of the syndicate holding mining interests on the Clutha. At the same time he gave a good deal of attention to Cornish Point. He predicts an" early boom in mining-, in which he thinks this district is likely to participate. He returned to Temuka on Saturday. Other visitors to Cromwell at the week-end, men interested in mining, were Messrs Thompsons, junior and senior, from Queenstown, Mr K. L. Tudehope, managing director of KingSolomon, VVaikaia, and Golden Terrace, on the Shotover, and Mr D. 1 . Mackenzie, on the King Solomon directorate, and the son of the late Sir Thomas Mackenzie.

In conversation with Mr Tudehope, we were informed that the work of replacing the screen and elevator on the Golden Terrace with boxes has been completed, and the machine has made another start. It is anticipated that the ground can now be more profitably handled, and taking a line through reliable boring, pavable returns should follow.