MINING.
The Manuberikia dredge resumed operations yesterday. The Rise and Shine No. 1 dredge worked a cut of fiCOfi last week, making 6ft ahead. The ground averaged 46ft in depth, and much improved prospects were got in the eastern half of the cut. The secretary of the Nokomai Hydraulic Sluicing Company reports that No. 1 hud a full week’s work, and the stripping of top material was finished on Friday. Last week two days’ hard frost, was experienced, but the supply of water is plentiful. Good progress has been made on the No. 2 raceextension. The manager expects the extension race to be formed through this week with tiro exception of two chains of rocky point and some slips and sodding to lie done. The Rise and Shine No. 2 dredge finished the darn on Tuesday, and continued dredging until Friday, when it became necessary to send tho second-motion shaft to Alexandra to be straightened. 'The dredgemaster expected to resume work to-day. BROKEN HILL PROPRIETARY. BIG DEBENTURE ISSUE. SYDNEY, July 8. The Broken Hill Proprietary Company are issuing locally £609,000 worth of 6 per cent, debentures at 97, having a currency of 20 years.
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Bibliographic details
Evening Star, Issue 15539, 8 July 1914, Page 9
Word Count
194MINING. Evening Star, Issue 15539, 8 July 1914, Page 9
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