MINING NEWS.
1 .. • H The Champion Gold Mining Company ob-j Jgtained 33nz 6dwt lgr for the past fortnight ; factual elevating lime, seven days, p The directors of the Foley's Creek Dredg-, Company have decided 'not to allot ven- ! Sudors' shares, on the ground that fraud had j|beeii perpetrated. A number of buyers of! gjthese shares, after having had legal 'advice; demanded from the "sellers a refund of money paid, while a number of sellers. 1 »;who Live also sought a legal opinion, claim ijwthr.t. the company must: allot the shares.! apt is understood that a test case will come' jlbefore the Court.—• West Coast Times.' ' H Tho. secretary for the No Town No. 2, pGold Dredging (Company reports that the 1 for machinery for this dredge is 1 fair progrrss with the work, of, fjfwhich a considerable proportion has already, completed. The engine is on board |sthe Otanima, which is due here in a few gdays. j ; ;| 'J he secretary of the Skippers Sluicing reports that if all goes well 'here' ffjwill be a wash-up about the end of lhi* : sbionth. The bottom has been reached, and pa considerable body of wash giving t,.;od, Epprnspects is now being operated upon. ' j \Q " Onr Own" wires'that the Arrow Bier! jtfßeach Hydraulic Company have struck good rttgold on the rock bottom." " I
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Bibliographic details
Evening Star, Issue 11454, 23 January 1901, Page 6
Word Count
220MINING NEWS. Evening Star, Issue 11454, 23 January 1901, Page 6
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