MINERALS AND METALS
YEAR IN NEW SOUTH WALES . COAL, IRON, STEEL'EXPAND (United Press Association. —Copyright.) (Ecceivcd 9th March, 11 a.m.) " ' SYDNEY, This Day. The value of minerals and metals won in New South Wales in 1927 is. estimated at £ 18,497,000, a decrease of £.444,000 compared with 1926. The quantity of coal won last year was eleven, million tons,-valued at the pit mouth at £9,782,000. The value Js the highest on record. ""''.- The value of the output of silver, lead, and zinc was £4,484,000, a decline of £1,264,000. ! .. The iron and steel manufacturing industry continues to expand,- the output from ores mined in New South Wales being 119,000 toils,, valued at £(354,000, an increase of 75,000 tons' compared with the previous year. ■ The yield of gold amounted .to 18,032 ounces fine, valued at £76,000. ■}■■•.■' NEW COMPANY FORMED (Beceived 9th March, 11 a.m.) SYDNEY, This Day. A new British-Australian Company has been formed to develop the iron and steel industry at Port Kembla. ,'iVo leading British companies and two Australian companies are co-operating and between them will-supply the initial capital of '£5,000,000. to develop the industry. '. • .."•.■"
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19280309.2.70
Bibliographic details
Evening Post, Volume CV, Issue 58, 9 March 1928, Page 9
Word Count
184MINERALS AND METALS Evening Post, Volume CV, Issue 58, 9 March 1928, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. 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