MINING NEWS

New Zealand Herald, Volume LXIX, Issue 21297, 26 September 1932, Page 5

MINING NEWS

TALISMAN DUBBO CRUSHING AVERAGE OF £5 3s 76. A TON The treatment of 65.4 tons (dry weight) of ore from the Talisman Dubbo Gold Mines/Ltd.', Karangahake, has just been completed at the Golden Dawn battery, Owharoa, for an extraction of £338 16s 7d (standard values), equal to £5 3s 7d a ton. 'On present prices realised for gold and silver this is equal to £546 cash. The ore was won in the course of driving the No. 1 Talisman level on the Maria reef. A large tonnage remains overhead of that level and at present the company is driving from the north side of Karangahake Mountain to cut the reef 100 ft. below the Talisman Dubbo level. It is expected that the reef will be to hand at any time, when the drive will be continued on same and risen through to the Talisman Dubbo level. From the mouth of the lower level it is- intended to construct an aerial tram to deliver the ore by gravity at a minimum of cost to hoppers to be erected on the county road. TRANSVAAL GOLD

RECORD MONTHLY OUTPUT

The output of gold from the mines of the Transvaal reached a new J"B^ ec ° rd in July, the total being 981,160 tine ounces. This 'compares with 959.011 fine ounces in June, and with 916,843 ft ounces in July, 1931. The previous record was established last May, when the output was 965,644 fine ounces. In each month this year the output of S old the Transvaal has been materially larger than in the corresponding'month of lasi, ant! the total to the end of July' » 6.666,442 fine ounces, compared Willi 6 272,720 fine ounces in the corresponding period of 1931. As the production (10.874,145 lino ounces) for the tvho of last year was larg , it appears probable that the oulp..t «j the Transvaal mines will establish y another record when the lull years sgu for 1932 is announced. ,