MINING NEWS.

Evening Star, Issue 11682, 14 February 1902, Page 6

MINING NEWS.

During January the Talisman Consolidated Gold Mining Company treated 2,846 tons of ore for bullion valued at £3,063. The Mount) Lyell returns for the period from January 5 to February 5 (inclusive) show that 22,964 tons of ore were treated, in addition to 5,923 tons of purchased ore and fluxes, and produced a total of 778 tons of blister conner, yielding copper 770 tons, silver 53,8890z, and gold 1,70407.. As the outcome of the Minister of Mines' visit to Gore an understanding has been arrived at m re-ard to riparian rights. The basis of the arrangement is that the Mafcaura Borough Council shall obtain the requisite permission to construct a tail race at a cost not to exceed £l5O, the cost to be borne equally bv the municipality and the companies interested, and to be afterwards collected from the latter by monthly instalments ; the race, after construction, to be maintained by the companies; in the event of the Waimumu Creek being constituted a watercourse the landowners to waive all claims for damages. The Chariton farmers, on the other hand, have not yet acouiesced in the terms offered by the Mines Department. THE SHARE MARKET. DTTNEDIN EXCHANGE. Sales were made at the following prices on the above Exchange yesterday afternoon :—.Junction Electric, 24/; Mosquito, 20/9, 21/; Alpine Extended, 6/4£, 6/4£. This morning's sales were as follow :—Halfway House, 10/; Junction Electric, 24/; Meg and Annie, 24/6, 24/6; North Beach, 12/6, 12/, 11/6; Rise and Shine, 12/9, 12/9. OTAQO EXCHANGE. The foUowing sales were effected this

morning:—First Chance, 9/6, 9/3; Moryneox Kohinoor, 2/6 dis. Quotations:— Ahaura—Sel 2/6. Alpine Consols-Buy 18fc sd 20/. Alpine No. 2—Buy 22/6, sd 24/6. Beaumont Lead—Buy 13/, sel 14/6. Boundary Creek—Sel 5/. Central Charlton—Buy 6/6. Gronwdl—Buy 70/. Dtmetan Lead—Buy 5/6. Electrio—Buy 38/. Electric Extended—Sel 7/. Endeavor—Buy 13/3, sel 14/3. First Chance—Buy 8/9, sd 9/6. Fourteen-mile Beach—Buy 16/6, sel 13/9. Gentle Annie—Sd 19/. Gold King-Sd 6/. Gold Queen—Buy 3/6. Golden River—Buy 7/6, sel 7/9. Great Central—Sel 7/6. Greenstone Junction—Buy 23/6, sel 25/6. Hartley and Riley—Sel 47/. Hokitika River—Buy 13/, sd 14/9. Inchdale—Buy 14/6, sd 15/6. Kelly and Casey—Sel 8/. Leaning Rock—Buy 14/6, sel 15/3. Magnetic—Sel 8/. Manuherikia—Sel 38/. Meg and Annie—Buy 23/9, sd 24/6. Molvneui Kohinoor—Buy 2/9 dis. Monte Christo—Sel 30/. Nelson Creek—Buv 50/, sd 54/. No Town—Buy '25/, sel 26/. Olrig—Buy 12/, sd 13/6. Pactokus—Buy 35/. Point d'Or—Sel 2/ dis. Reeves's Proprietary—Buy 15/6, sel 17/. Rise and Shine—Bay 13/6, sd 14/3. River Molyneux—Sel 7/6. Royal Maori—Buy 15/6, sel 17/. Sailor's Bend—Sel 34/. Trafalgar—Buy 22/, Bel 23/. Upper Magnetic—Buy 4/, sel 4/9. Vincent Extended—Sd 8/6. Waimumu Extended—Sel 13/6.