MINING INDUSTRY
DECLINE IN NEW SOUTH WALES COAL BY-PRODUCTS WORKS PROPOSED Sydney. December 21. According to a report issued on behalf of the Government, tlie mining industry of New South Wales during the past year has been very unfavourable. Figures indicate that the production from the State mines and quarries, which exceeded £20,000.000 during the past two years, will result in a loss of about £2,500.000. This is attributed to the low prices ruling for lead. zinc, and tin. and the depressed condition of. the coal trade. At B est Maitland. Mr, Albert Holland, mining agent., was granted a suspension uf labour conditions on the leases at Ettaiong by the Warden’s Court. It is proposed to establish a coal by-pro-ducts works involving an expenditure of £.3.000.000. The operation will be carried out on a large scale. Mr. Holland said Hie projected scheme would be the salvation of the industry. The number of men employed, as a minimum. would be 1500 This would e.'i'-e tlie strain on the economic conditions now prevailing in tbo district.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19281222.2.41
Bibliographic details
Dominion, Volume 22, Issue 76, 22 December 1928, Page 9
Word Count
174MINING INDUSTRY Dominion, Volume 22, Issue 76, 22 December 1928, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in