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HIE GOLD RETURNS.

TOTAL FOR THREE WEEKS,

£57,649 12s lid. INCREASE FOR THE QUARTER, £42,427 7s lOd. The gold returns for the Auckland district for the past three weeks have reached a. total of £57,649 12s lid, which is well up to the average. The figures showing the total yield from the district for the first quarter of the current year are now completed, the output for the period named amounting to £189,113 12s Id. Compared with the total for the first quarter of last year (£146.636 4s 3d) this reveals the substantial and satisfactory increase of £42,427 7s lOd. The following are the details of the past three weeks' returns': — •■ ,; ,v. QHINEMIJBL • '-.**-*. el. Waihi Q.M. Co., 12,956 tone 41,231 0 0 N.Z. Crown Mines 2465 tons ... 5,925 0 0 Talisman Consolidated G.M. Co., 2360 tone 2,545 8 9 Komata Keels CM. Co., 850 tons... 1.930 0 0 liikntaia Gold Syndicate. 435 tons 364 0 0 Total OhinoMuri district ... £51,995 8 0 THAMES. £ s. d. Bullion tributers. 301b, 440z Idwt... 136 14 9 Eclipse Co., Ltd., 729 tons, 33708 Bdwt ... 959 19 8 Waiotahi G.M. Co., 90 tons, 1240z ... 340 o 0 1,436 14 5 TAIRUA. Chelmsford G.M. Co., 223 tons ... 370 16 1 Total Thames district £1,087 10 6 COItOMANDEL. £ s. d. Hanraki G.M. Co., 13oz 13dwt ... 37 18 0 Kananga tribnters, 38 loads 38 18 0 Roval Oak G.M. Co., 40 tons, 452!b5. "481oz ... 1.220 10 9 1,297 6 9 OPITONUI. Kauri Freehold Gold Estates, 1255 tons. 1294 tons tailings, 648 tons slimes 2,222 12 6 3.519 19 3 GUMTOWN. Welcome Jack G.M. Co., 45 tons 213 14 2 3,733 13 5 KUAOTUNU. Great Mercury tribnters, 140 lons tailings, 51oz 3dwt 69 13 9 Kuaotunu Syndicate. 380 tons ... 302 0 0 Waitaia G.M. Co., 138 tons (plates only) 461 7 3 Total Coromandel district ... £4,566 14 5 Total Auckland district lor three weeks £57,649 12a lid. Total for first quarter of the year £189,113 12s Id. WAIHT G.M. CO., LIMITED. ANOTHER RECORD RETURN. £41,231 FROM '12,956 TONS. FIRST QUARTER'S TOTAL, "£121,780. LARGE INCREASE OVER LAST YEAR. TOTAL TO DATE, £2,096,292. During the four weeks ending March 29. the Waihi Gold Mining Company crushed and treated 12,956 tons of ore for a return of bullion valued at, £41,231, or an average of £3 3s 7d per ton. This constitutes a fresh record, the next highest yield being that of February last, when 12.939 tons gave a return of £41.090. The present teturn completes the company's output for the. first quarter of the present year, showing for that period a total of £121.780, which, compared with the total for the first; quarter of 1901 (when the output amounted to £92.668), reveals an increase of no less than £29,112. It is worthy of note that this increase for the quarter is not due to au increase in the tonnage of ore. dealt with. On the contrary, the tonnage treated during the first quarter of this year is less than that dealt with in the corresponding three months of last year. In 1901 a total of 38.961 tons was crushed for the yield of £92,668; in 1902. 38,815 tons have produced the yield of £121,780 now recorded. These figures give an average value per ton for the 1901 period of £2 7s 6d, whereas for 1902 the average works out at £3 2s 8d per ton, showing that the increase in the output is entirely due to the fact that the company is this year handling higher grade ore. The total won from the mine to date is £2,096,292, as shown in the following table of details: — To July 31. 1890 £13,623 July 31, 1890, to December 31. 1891 ... 36,458 In 1892. 18,297 tons ...■ 46,219 In 1893, 19,805 tons 64,345 In 1894, 24,864 tons 83.023 In 1895. 33,670 tons. 120,335 In 1896, 34,410 tons 135,156 In 1897, 40,764 tons , 144,041 In 1898, 77.929 tons 256.494 In 1899, 102.381 tons 302,525 In 1900. 112,012 tons ... >A 317.902 In 1901, 159,325 tons , ... 454,386 Total ... ... ».. £1,974,512 Period ending— „ Jr „ February 1, 1902. 12,920 tons 39,459 March 1. 1902, 12,939 tons 41,090 March 29, 1902, 12,956 tons ... -• 41,231 Total to date £2,096,292 Total dividends to date, £836,722 15b lid.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19020425.2.80

Bibliographic details

New Zealand Herald, Volume XXXIX, Issue 11949, 25 April 1902, Page 1 (Supplement)

Word Count
703

HIE GOLD RETURNS. New Zealand Herald, Volume XXXIX, Issue 11949, 25 April 1902, Page 1 (Supplement)

HIE GOLD RETURNS. New Zealand Herald, Volume XXXIX, Issue 11949, 25 April 1902, Page 1 (Supplement)

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