MINING.
A Wellington telegram states that following a discovery of diorite, front which ore was taken showing values ranging from a few shillings to £l6 per ton, whiti is again to be tried for gold, and a company is in course of flotation to take up 200 acres.
Iho New Big River Company have dedared a dividend of Is per share.—Reef ton P.A. wire.
RETURN?:. Waikaia: 13ot; Idwt, 135 hours. Success: 360z 16dwt, 115 hours. CONSOLIDATED GOLDFIELDS. [Per United Press Association.] REEFTON, September 5. The following are the crushring returns for August for the Consolidated Goldfields of New Zealand group properties : Progress Mine—Crushed 3,300 tons, yielding 6020z 4dwt, valued at £2,582 16s 7d ; cyanided • 2,600 tons, yielding 2720z 19dwt, valued at £917 15s lOd ; estimated value of sulphurets produced (45 tons), £s3§; recovered from smelter. 611oz 14dwt, valued at £2,589 lis lid. Cost per ton—mining 12s 2d. milling (excluding retreatment gold tailings and disposal of concentrates) os I.lßd. general expenditure Is 7.35 d. Wealth of Nations Mine.—Crushed 1,620 tons, yielding 4550z 19dwt, valued £1.884 lis lOd; cyanided 1,100 tons, yielding 2240z 2dwt, valued at £773 2s lid; estimated value of sulphurets produced (12 tons), £64. Cost per ton—mining 13s 9.82 d, milling (excluding disposal of concentrates) 65.7.97 d. ■ General expenses and bullion charges, 2s 11.78 d. Blackwater Mine.—Crushed 3,872 tons, yielding 1,5370z 9dwt, valued at £6,217 0s Id; cyanided 2,018 tons, yielding 950z lOdwt, valued at £282 10s 5d ; estimated xm™* r< sul P lu,rcts produced (39 tons), ~,. P er ton—mining 14s 9.76 d ? 11l ' n 8 j^ 01 disposal of concentrates) 3s 5.47 d. General expenses and bullion charges, os 0.26 d. THE SHARE MARKET. DUNEDIN EXCHANGE. _ The market, was very quiet this mornV"*' . m ,r r ° in Mosgiel Woollens at,7l/6 and Union .Steams at 44'6 Ine following are the quotations: —Dredging.— . Hartley and Rilev— Buy 2/6. Island Block—Sk?l 3/3. Rising Sun—Ssl 25/. —Sluicing.— Roxburgh Amalgamated (pa ; id)—Sel 3/6. Ross Goldfields—Buy 13/3, sel 13/7 Nokomai Hydraulic—Buy 21/6. —Quartz.— Progress Mines of New Zealand-Sel 8/9. New Sylvia—Buy 9id, jel 1/2. Talisman Consolidated—Buv 40/ Watchman—Sel 3/. Waihi—Buy 45/3. Waihi Grand Junction—Buy 21/. eel 21/9. ■> —lnvestments. Bank of Nov/ Zealand— Buy 208/, sel 213/. . J '' Union Steam Ship Company—Buy 44/6, Westport" Coal Company—Buy 28/6, eel 28/9. ' Dominion Rubber—Buy 19/. Donaghy's Rope and Twine—Sel 25/6. Mosgiel Woollen Factory—Buy 71/. Wright, Stephenson—BU7 126/.
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Bibliographic details
Evening Star, Issue 15281, 5 September 1913, Page 6
Word Count
389MINING. Evening Star, Issue 15281, 5 September 1913, Page 6
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