MINING NEWS
- first kani£ri dividend PAYMENT OF I/- A SHARE The directors of the Knnieri Gold Dredging Company, Limited (West Coast), have declared an interim dividend of Is a share, payable on Decemut"r 15. The dividend relates to the company's year ending on March 31, 1940. Tliis is the first distribution made by the company, which commenced operations a year ago. Financed largely by Australian capital, the company is claimed to operate; the largest gold dredge in the world. YIELDS OF COMPANIES . Grey liiver (West Coast).—373oz. from 100.271 yds, in 131 hours. hou r ° VncniX 'Otjjgn). —12-loz. for 127 White's" Electric (West* Coast).— oz - from 6500 yds. in 100 hours.
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Bibliographic details
New Zealand Herald, Volume LXXVI, Issue 23505, 16 November 1939, Page 5
Word Count
110MINING NEWS New Zealand Herald, Volume LXXVI, Issue 23505, 16 November 1939, Page 5
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