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BURIED WEALTH.

(«T I^LIGBAPn — SPECIAL TO THE POIT.) AUCKLAND, This Day. In the Bay of Islands a chance of making money jut of buried wealth is talked of, and the story is a rather interesting one. In tho old days (says the Star), when .the Bay of Inland* wa* the chief coaling contre for all the big ocean vessels visiting, New Zealand, all kinds of veueU would berth at Opua. It was a common thing foi ships to carry freight from overseas to the Tlinmo, and then, having disposed of their cargo, proceed to Opua to take in r fresh cargo of Kawukawa coal. Hefoie leaving the Thome* they would take in ballast, and the material must uced whs mining tailings. Thousand* of tons of Thames tailing* were therefore carried I to Opua. and dumped out at a certain t>pot under the- lee <-horc. Since tho'e day.- a belter method of treating ore" h;tb been brought into operation, and a good deal of_ what was considered waste in the old time* has been re-created at the Thames, and worked at" a profit. The question now ori?es a» to v hether it would be *orth recovering the huge pile oi mateual at Opua acd again tieating it under mode.ru methods in taardi of fold.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19100408.2.33

Bibliographic details

Evening Post, Volume LXXIX, Issue 82, 8 April 1910, Page 3

Word Count
213

BURIED WEALTH. Evening Post, Volume LXXIX, Issue 82, 8 April 1910, Page 3

BURIED WEALTH. Evening Post, Volume LXXIX, Issue 82, 8 April 1910, Page 3