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MINING.

The return from the Ross irold mm:for the past week was 40n/, Bdwt from 1,142 tracks of wash. CONSOLIDATED GROUP. The local Stock Exchange has received the following statement of the'crushing returns of tho Consolidated group of g->ld-fields for the month of October : Progress Mines.—Milled 2,950 tons, value "£3,765. Working expenses, £2.764 (capital development prospecting, £1,351 >. Blackwator Mines.—Milled 4,230 tons, value £B,OBI. Working expenses, £4.261 (capital development, £362). Wealth of Nations Mine.—Milled 2.230 tons, value £3,726. Working expenses. £1,849 (capital development. £1.029; prospecting, £447). AN INTERESTING WOIIK. The directors of the Waihi Beefs Gigantic Company have been in Waihi during the past few days, and have spent some time inspecting the mine. Tho shaft is now down 1,014 ft, and the directors and manager state that the last 400 ft sunk have been in tho lode-bearing andcsite, and that the country rock is similar in appearance to that in tho low level of the Grand Junction mine. It has accordingly been decided to project a ■crosscut in a south-easterly and north-westerly direction with a view to intersecting the main Waihi reef system. The work (says tho 'Herald') will be followed with interest, as it will go far towards determining the questions as to whether the reefs live and cany values in the eastern portion of the Waihi field. AUCKLAND GOLD YIELD. The gold returns to hand from the various mines in tho Auckland province for October represent a total of £77,238 6s 7d. Of this amount the Ohinemuri field contributed £73.260 18s lOd, the Thames field £2,769 16s 9d, and the Coromaudel field £1,207 Us. Compared with the total for September, last month's figures show an increase of £5,294 7s. This is accounted for by the fact that there were two returns from the Waihi Paeroa Gold Extraction Company, Ltd.. also two returns from Coromandel. In September there were no returns from Coromandel. , The latest Teturns complete the figures for the first nine months of 1914, and bring the total value of gold produced in the Auckland province in that time to £695,715 63 6d, which represents an increase of £27,006 Is 3d for the ninemonthly period, compared with last year.

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https://paperspast.natlib.govt.nz/newspapers/ESD19141105.2.52

Bibliographic details

MINING., Evening Star, Issue 15642, 5 November 1914

Word Count
362

MINING. Evening Star, Issue 15642, 5 November 1914

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