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GOLD MINING

The Golden Sandj return last week was 220 z 17dwt for 22 shifts -of eight hours each. The Worksop Extended return for last week was 9Ooz 6dwt for 137 hours and a yardage of 10.363. The Bell Hooper Cromwell Gold Ltd. return last week was 13oz lOdwt 18gr. The secretary of the Goldfields Dredging Company, Otago, la-t week rep .i ted a return fo r the fortnight ended October 19, of 20oz 16dwt for 175 hours’ dredg*ing. Roll Kilgour return for the last week was 19oz 6dwt. Paddy’s Point Coy. reports that a paddock was completed to-day for a total return of 450 z, the time taken being 7A weeks. Bn ken Hill Proprietary Ltd., has declared a half-yearlv dividend of Is ;1 share. Australian currency, payable on November 21. the same as last halfyea r. An option has been negotiated with an Australian firm for 750 acres of JOOO acres held by the Bendigo Goldlight Mining Co. The Australian concern oroposes to put on <] large dredge to work in fr m the river. The Waitahu manager reports 13oz 7dwt was recovered as a resu’t of trip ping operations. The return at the King Solomon mine last week was 61oz 16dwt. The report for the week -ended October 17 states; The adverse weather conditions which have continued li r some days pa-t have delayed operations at the mine. Work has been pr< ceeded with fop one day onb- dm'ing the week. On the hull of Maori Gully dredge are frames in position, braces in position with the exception of south side after and port side ahead of well. Planking c<- mp’eted on bottom and sides, but not in well, bow, or stern. Caulking nearly finished on bottom ami partly on sides. Machinery; Ladder. top. and bottom tumblers, buckets, crown wheel, screen, winches, ladder rollers, etc., and most of tho e’ectrical equipment are on the ground. General: The workmanship very good, all joints in frames and braces being al-solute/’y close. Tho contractors’ equipment for construction is very complete, ■which should enable good progress to be made in erectirn. Bulolo (New Guinea) dredge last month got £93 355 from 930.000 yards, or IO.OOOoz, equal to 2s per yard. Saturday’s quotations; Argo 6?>d. 74d; Maori Gully Is 3d, Is 34d; Snow v Id. ltd; N.Z. Mining Investment (Is, Is Id; Macetown —. Is 3d; Golden Gully —, lid; Pen Led'i 104 d. Is; Waihi (cum div) 36s 6d; 39s 9d; Waihi Grand Junction 4s 3Ad- 4s 54<1: \\ rksop Extended 2s 04d, 2s lid; Mataki 2s Old. 2s 8d; Mining House Concessions" (9<l paid) Ijd 34d; Moonlight Neb on (’reek 2jd. 2!<1; Mossy Creek ls 9*l. Is 10id; Mount Lyell 18s 8d 18s lid; Murra v Creek 3s Bd. —; Nevis Diesel 4jd. 4bl; Addison’s Flat — 2s 6d; l7s G<l. 18s <’.<!; Bell Hooper 2d, 4d; Bell Kilgour 24d. 3d; Big River 15 7d. Is BJd; Black-

water —. 33s 6d; Brian Boru Is 21d, Is 3d: Okarito —. 8s 9d; Skippers 54d, 6’d; Sfrfford S’tfieing lOd. Is 2d; Wa hi 36s Gd 39s 9d; Mahakipawa ’•‘l. !<Hd; Mnhakipawa Is 3»1. Is 4d; { 'on- idate.l —, 19s; Deep Lead Is 10d, 2s Id: Gillespie’s Beach —, Is 9d; G’enrov —. Is; Golden Point IJd. 2|3; Caldfie’ds Dredging —. 9d; King ScJo-ni-m 3s 74d. 3s 8d; Lawson’s Flat —, 3d: Maerewhenua 4d, 6d.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA19341022.2.44

Bibliographic details

Grey River Argus, 22 October 1934, Page 7

Word Count
549

GOLD MINING Grey River Argus, 22 October 1934, Page 7

GOLD MINING Grey River Argus, 22 October 1934, Page 7