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MINING NEWS.

THE MIXES OF WESTRAX.IA. Press AsjoWition—By Telegraph—Copyright. !'ET!TH, November 29. Mr Koovor, the princi?>al partner of Messrs TTewick, Moreing, and Co., speaking at a dinner winch was attended by members of th»j Ministry, said that the Cold ouput of the State wns decreasing, i Seventy-five per cent, of the output came j from less than twenty mires, whose con- I tents were decreasing. At a deDth the . ore reserves were nrlv the remnants of the i rich bodies above the 1.200 ft levels, and j another three or four years would see the | mines denleted if not.hinc 'was found to | -enlace them. The onrmt mii'i fall bv at j 'least 400,0flf>z annually. For the S'tate ! to maintain the greatness of the industry ; more mines must oorne forward. Over I 10.0"0 reefs had been discovered, whereof less than 2.000 were now held. The fn- , tiire lav with the low-trade mines, which, | with improved machinery, could be made to pay. He honed they would pot consider "him pessimistic. Given liberality to the prospector and fair play to the mine operator, the history of California would repeat itself ia West Aastxalia.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19051130.2.49

Bibliographic details

Evening Star, Issue 12674, 30 November 1905, Page 6

Word Count
190

MINING NEWS. Evening Star, Issue 12674, 30 November 1905, Page 6

MINING NEWS. Evening Star, Issue 12674, 30 November 1905, Page 6

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