Article image
Article image
Article image
Article image
Article image
Article image

MINING.

—.— WEST-COAST NOTES. [Frou (Jut. 0 urr esrond kxt , ] (JULY MOUTH, Dec. 14. The-follbwipg re.urns have been' recorded: —Npi'lli Beach 540 z ii4\vt for 124 hours, Koh-i----noor 420 r '7dvt for 'llO hours, Callaghan's Creek 80qz for 113 hours, Keevcs Proprietary 2iioz 2dwt foj 1 125 hours, Pactoius No. 1 20u? for 4} clays,’Greenstone C? ee K l”pa Idwt for 100 -hours,.ijiathan J.2oz 6dwt,for‘}2o hours, Leviathan Fwehold 12oz adwt for 104 hours, Welcome 42oz«for 170 hours, Duller Juhction 80o? for Greenstone Junction 87o? 13dwt the week, Mosquito 03oz for 127 North thirteen hours on Friday through replace the elevator rollers and one or' minor items, otherwise the return wmHFhave reached 60oz for the •voek. • The .on - the inside or back "«.ad continues üßfcrmly good. Premier(Buli£r) ••■dredge,''which had been for some weeks past laid rip for a thorough overhaul and repairs, in the course of which the ladder was lengthened 7ft, recommenced dredging at the beginning of last week. It is anticipated that the additional ,7ft on the ladder will enable the dredge t-o ail over the claim. A good return- should be forthcoming on Saturday. Pactoius No. 1 lost 11J days on account of the Government inspection. Nq. 3 dredge resumed work .on Friday afternoon in good wash, and S 3 oz -should be forthcoming from this claim this week. Duller Junction return is a- record for the Duller Biver, The dredge is on a lead -of gold, and returns arc iikeiy to keep up. Png is still troublesome- to Leviathan, in which claim the wash proper is only a few feet deep. Mosquito was troubled with timber, hence the falling off. Nelson Creek return is said to be about 7ooz. Notown is expected to show- an improvement. The silt brought down by the previous week’s flood militated against Wellcome obtaining a. better return. The' machinery’, which has been thoroughly overhauled, is working well. Koh-i-noor, wash is hard and the timber troublesome, hence thq falling-off. There is -pome inquiry regarding Duller Biver scrip, but, no transactions have been recorded. [Per Press Association.^ GB.EYMOUTH, Deo. 19. The coal exports for the week 'were; —Blackball Company 2260 tons 16cwl, Bhtwaer Company 2234 tons Ccwt. [Per Press Association".] DUNEDIN, Dee. ID Dredging Returns—Empire 490 z 9dwt, Success iooz ICdwt,. Earnacleugh I. 340? 14dw(, Runs tan Lead ,320 z, Happy Valley 3loz, Island BJock 250 z X2dwt, Molyneux Hydraulic 230 z Sciivt, Ngapara 111. 21-oz octet, Lawrence 20oz, Chicago 20oz, 0 olden Bed 12oz Sdwt, Tevioi IC-oz 4dwt. West Coast—Erickson's Beware] 370 z 12dwt, Watters-on’s Aflaura 17qz, ■ MINING NOTES. The directors of the Enterprise Gold-dredg-ing Company have declared a dividend (the irtiy-eigh-th), of 2s per share, payable on Thursday. \ The Secretary of the Greenstone Creek Golddredging Company, reports a return of 17oz Idwt. for 199 hours' work. The dredgemastcr of the Commissioner's Flat dredge has reported a return of 19oz Idwt from . the top mats only: for 87 hours’ work. The dredge, was- stopped) for twent}>six hours, tvhi.e a tumbler cheek was replaced and several of the buckets xe-hpped. The ground is stcadi.y improving. The directors of the Deep Stream. Amalgamated Hydraulic Sluicing Company have dec.ared- a dividend of Cd per share, payable on Tuesday. " . The Cromwell, "Argus” says that the department has intimated to the Warden at Cromnoll that the output of the new lease, applied for by the Cromwell and 1 Bannockburn Collieries Company, Limited, comnriaing 86 acres 3 roods, on Section 21, Block 1, Bannockburn -survey .district, should bo increased from 50D to 10J0 tons annually for the first five-years, and after that from 2JQ to 500 tons. N. At the a-nnuai meeting of the Fourteen-mile Beach:Gold-dredging Company, the Chairman (Mr A. tapper) statedi that the directors had completed- the■ purchase of the Main Lead Hercules dredge, having -paid i‘l’soo, of which would bo as mortgage. It. was hoped that (ha dredge would be at work on the claim about the end of March or early in April. • , l v h a Ihi rrl

'J>he_ third annual report , of the Great Lead Go.xl-dr edging Company stales that the dreuge was placed oa the claim in January last and worked for two months. Very little progress was made before the river fell and tho dredge was stranded. Later on she was ip-floated and moored in tho middle of the river, but want of funds precluded the resumption. of_ work. The dredge was tho joint property of tho Great Lead and' Ivapai Companies, -having bought a half-share for £3250. The Kapai Company had proposed to ouy out the Great Lead Company’s interest in dredge, and claim. The directors of the companies’had agreed upon a price, and it only remained for, the shareholders to ratify" the agreement. ..

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT19021215.2.9

Bibliographic details

Lyttelton Times, Volume CVIII, Issue 12999, 15 December 1902, Page 2

Word Count
783

MINING. Lyttelton Times, Volume CVIII, Issue 12999, 15 December 1902, Page 2

MINING. Lyttelton Times, Volume CVIII, Issue 12999, 15 December 1902, Page 2