MINING NEWS.

New Zealand Herald, Volume LI, Issue 15500, 6 January 1914, Page 5

MINING NEWS.

GOLD FROM OHINEMURI. TOTAL FROM THREE MINES. Ur to the present time, the total amount of bullion won from the Waihi, Waihi Grand Junction and Talisman Consolidated mines three foremost gold-producers in tho Ohinemuri district—has been £13,353.504 13s 6d. Of this sum, by far the greatest amount has como from the Waihi field, the gold obtained from there being worth £10,441.212, The Talisman Consolidated come? next, with £2,104,744 14s lOd, and the V.uhi Grand Junction third with £784.('54 18s Bd. In dividends, these companies bare distributed £5,491,303 9s 2d. To this total the Waihi Cold Mining Company has contributed £4,582,206 lis Bd. the Talisman Consolidated £849.096 17s 6d (since reconstruction!, and the Waihi Grand Junction £60,000. Successful operations have be-on eonducted by th. 3 WadL Paeroa Gold Extraction Company in tre.-vt'ng the tailings deposited in the (»' l b-. ri River. It has dealt with 231.200 t.ms of tailings for a return of £76.111 6s sa, and has paid £12.600 in dividend* _ I'wo other mines in Ohinemuri—the Crown and Komata Reefs—have between them won £1,290,009. The Crown has ob£S?L £869 ' S(W . tho Komau Reefs £420.50;.). GIGANTIC CONSOLIDATION. [bt TZLECExrn.— own corbsspondent ] W.vrer, Monday. Some of the members of tho directorate of the Waihi Reefs Gigantic Consolidation, Ltd., have been in Waihi during the past couple of days in connection with iho resumption of operations on the property, which has been under protection or a considerable period. They inspected he claims and the plant, and will arrange lor the commencement of shaft-sinking at in early date. The shaft, now down 914 ft is to be earned to a depth of 1200 ft where" crosscuts, will be thrown out to intersect tne Haihi reels system.