THE MINES STATEMENT.

Nelson Evening Mail, Volume XXXV, Issue 205, 7 September 1901, Page 4 (Supplement)

THE MINES STATEMENT.

' I ..VI TLNY FOR THE YEA If i • • '-"in < mr Special Correspondent.) ; _ 'ELLINGTON', Sept..'.. i -ie Mines ? fa teuient presented to lhe , | ii-ii-e l.v Mr MeGowan this afternoon ( .tiites that the output of gold and silver ( '--.- "JO I i j rather less than 'the preeed--1 n_z year out as against this 'was a decidual r.ereaHc :n the production of other -minerals. ..'ot withstanding the decrease -. .juipiit -a precious metals for the time : k m_r ;.u! actual vaiue of mineral pro-l.iiu-.ion :or -.in- year was m excess of ,i-lat ot i>9.i. . j urine; 19<)0 the total pro- (| aid ion <x zoid md silver was 700,073 ■allied it £I. ITH. -I-mI. a decrease in 11 ■••••ine ot yl^A.y) as compared with the jusuaiiy ;argo production of the pre- "_• year. 'ihe output of other raine--•Y nciuding coal and lignite, was J6.454 tons, representing a value of -I 2_.-lf)G, or an increase of 188,672 tons ... value X :l'2_\l_:i. iiauri gum to the imitv »t .0.157 tons, vtlued at • i 'Sf.2'.r.i. mis obtained. Compared with vie production of the previous" year, lhis oows a decrease of 957 tons, but an in--•sea value of _£U,37-1. The total value . *okt, silver, coal, and other minerals, ! including kauri gum, produced up to the ; .nd of '.900 was jE76.104.981. As the ,-aiue of gold and silver produced in 1599 was _£ 410,2 1.'l in excess of that of i.-> 9*. lt will be seen I L at the decreased [ production for 2900 (representing a j value of £75,532) is not serious, and it is accounted for by the cessation of opera'ions at a few quartz mines and the tern porary suspension due to development J work and alterations to plant, etc., at j ocners ; uso to conditions (due to principally to the recent dredging boom) I which prevailed during fche year, j ihe ial est returns from the Customs I b r o to show that the yield of precious :uetals is agaio. increasing, the export value of gold and silver for the first sii I mouths of the present year being largely | .n excess, not only of the corresponding period of last year, but actually over the first sLx months of 1899 to the extent of £99,787. The quantity of gold entored lor exportation through the Customs for the past financial year was 392,-7-ozs, valued at £1, 516,182. The respective districts contributed as follows . - Auckland, 166,0490za . Marlborough, 2470z5 ; Nelson, sJ26ozs ; "West Coast, ad0,7790z5 . Canterbury, 2'_ozs ; Otago and Southland, 135,7530z5. ''he experience of previous gambling j in minii.g shares, the Minister remarks, jin conclusion, has been repeated. The late dredging boom and the reaction • wn e h lias set in he thinks will tend to thi'.consoliadtionof the really good and I profitable branch of goldmining industry