MINING.
The gold output and. dividends from the Bendigo mines for 1917 aro the lowest Ji the history of the Add. The amount of gold won was 67,9280z. The dividends' paid amounted to £6,451, while calls collected represented £56,779. The gold yield of 67,9380z was obtained from 195,763 tons, showing an average of slightly tinder per ton. The_ OTe reserves of the King Island ScheeHte Company (Australia) are estimated at 78,000 tons of 1.1 per cent, tungstic acid, and it is hoped that large additional tonnages will be added to this amount. After paying tho first dividend of Is, amounting to £5,C00, there was a profit of about £7,000 on the half-year's operations.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19180105.2.2
Bibliographic details
Evening Star, Issue 16624, 5 January 1918, Page 1
Word Count
113MINING. Evening Star, Issue 16624, 5 January 1918, Page 1
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.