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NEW ZEALAND MINES.

TherMines Statement, presented to Parlia-ment;bn..AVednesday,.states:-r-v.-- ■ '' Ka " ri 'B um continues a valuable export, and-, affords employment for a large'number ,of • men., , The census of 1906 disclosed the fact' that ;there wore; upwards of: three thous-ands-men/engaged in this industry. Up to the end of ISJO7" the export of gurfi Ilad 'reachfcd" a value of-over, £14,000,000. ' i- "Tlie.--heary ; fall, in the metal.. markets throughout' the world-has given a set-back, for; the. time' -being, to. the development of our coppcr lodes, but as prices are now' gradually recovering there is' likely to be renewed .activity in that direction. Scheelite mining is; becoming firmly established in Otago, artd deposits of this mineral havo' also bciSri iriined at Tod Valley, Marlborough. There/ is'an abundance of manganeso" and antimony .in New Zealand, .but the low prico at ivhich. those minerals can be produced in countries having an unlimited supply of cheap-.-labour' preclude competition to any great . extent on our .part. The ■ qnorrr.ous deposits of haematite ore at Parapara arc still : uhworked, but remain a valuable asset to the-people of this' country.' '.The total value of gold, -silver, and minerals produced within ;this Dominion' now exceeds one hundred .'millions 'sterling, while our population has .only just reached one million. TheV dredge-mining industry during 1907 has been more satisfactory than other branches; of alluvial .mining, for, although a decline of £81,565 hn3 to bo recorded in the gold-production by dredges, it is satisfactory to .report that there has been an increase of £277 in the amount earned per dredgo during the year. There is reason to believo that ■this.{industry lias settled down to a steady and more permanent level. Claims nre now worked-, systematically-' by well-proved methods, and, as a result, tho dredging {industry, .taken all round, is run on sound commercial lines, as it- was for many, years prior to the disastrous boom period;

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19080731.2.110

Bibliographic details

Dominion, Volume 1, Issue 264, 31 July 1908, Page 11

Word Count
310

NEW ZEALAND MINES. Dominion, Volume 1, Issue 264, 31 July 1908, Page 11

NEW ZEALAND MINES. Dominion, Volume 1, Issue 264, 31 July 1908, Page 11

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