MINING

Hokitika Guardian, 29 April 1939, Page 5

MINING

NGAHERE DREDGE . Appreciation of - the progress being made with the Ngahere dredge, was expressed by the members of the board of directors. ,of <Ngahere Gold Dredgeing, Ltd.j when they returned to Christchurch yesterday from the West Coast. The; Board also visited the Barry town, Kanieri, Grey River and Arahura dredges.*. On its return to the city the .board* met' members of the Christchurch Stock Exchange, and' some qf the Christchurch; shareholders. It was decided to listf the shares on the exchanges .in both New Zealand and Australia.; ; ;

r In addition ‘ to 1 - the new-- members, Messrs J. R. Temblin, CCS. Thomas, | and. J. W. Hannan,: who have been [appointed alternate. A 1 directors, the | board (consists of Messrs Malcolm New- ' |; man (chairman),. G. F. Davis, C. C. j Davis. T. M. Owen, D. SC Mackenzie, and Sir Victor Wilson. Mr O. C. Davis has been'appointed chairman of the New ’Zealand ’board of directors. ' * (C STAFFORD LIQUIDATION. v At an extraordinary meeting of Stafford Gold Dredging, N.L., held in Melbourne last week, it was decided to:go>? into liquidation. A dividend of Is a . share was paid. The chairman (Mr H. C. Tucker) said that, after payment of ! the liquidation dividend, the company would have about £2OOO on hand. It was expected that a further dividend of 3d a share would be distributed. -• • • • • .. i.' C NEW RIVER. ; . .The New River return for the period ended April 27 is 360 z. from 7500 yards treated in 99 hours. " , : . . . WHITE’S ELECTRIC.

■ The White’s Electric;retprn for the week ended April .27 is 28ozs,from 6000 • yards in 106 hours.. ’* WORKSOP EXTENDEDThe Worksop. Extended return is 33ozf for 106 hours and. 7000 yards. ... ■. nemona. Tlie Nemona return is 270 z for 1C i hours and 9100 yards. MOSSY CREEK. , ; The Mossy Creek return to April 26 is 390 z 14dwt for 103; hours and 5476 yards. GOLDEN SANDS, The Golden • Sands. return is 240 z 14dwt for 36 shifts, Time was lost through holidays and a temporary shortage of water. Ip future, washups, will take place four-weekly. BUNDI. The Bundi Tin return is 640 z lldwfc 14gr of smelted gold from 4572 yards in 49 hours. • ..