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MINING NEWS.

The Stock Exchange reports a return of 350 zof gold for 120 hours’ work, from Iho Mosquito dreclgo.

The master of the Kangaroo Creek dredge telegraphs that he has cleaned up for 4oz gold for 40 hours’ dredging.

The Undaunted Goldmining Company, Ltd., has obtained from the washingup another 15oz/ in addition to the 271 oz already notified. A meeting of directors is to take place at Matakanui on the 30th inst. NOTES FROM WESTLAND. PBESS ASSOCIATION. GREYMOUTJtI, June 23. • The Buller Junction’’'Company has got its coal area into working order. It is expected to reduce working expenses materially. The' Welcome is winning payable gold, and working steadily. The Premier ■ dredge maintains a good average. " The Mokoia returns are considered satisfactory. The Rocklands does nob Como up to expectations. ' , The Old Diggings has withdrawn from active operations, and is now located close to the bank. There is no appearance of putting machinery on the El Dorado pontoons. GOLD RETURNS. DUNEDIN) June 23. To-day’s returns are: —Unity, 78oz Sdwt; Clyde, 670 z; Sheridan’s, 40oz; Golden Gate, 31oz Bdwt; Otago, 30oz; Golden Treasure, 19oz; Nelson Creek, 1660 z; Notown Creek, 61oz. During the week ending to-day returns have been reported from sixtyfour dredges, the total yield being 22930 z. Additional returns:—Upper Waipori, 250 z Idwt; Kelly and Casey, 21oz 9dwt; Enfield, 20oz lOdwt; Reliance, 18oa lldwt] Rankleburn, 13oz lOdwt; River Molyneux, 12oz; Waitaimna, lOoz lOdwt; Evans’ Flat, 9oz. DUNEDIN SHAREMARKET. DUNEDIN, June 23. To-day’s Dunedin Stock Exchange sales were:—Alexander Lead, 6s 3d; Golden River, 6s; Junction Electric, 18s 6d; Molynoux-Kohinoor, 3s 6d dis; Old Dunstan, 3s 3d; Rise and Shine, 225; River Molyneux, 2s 6d; Teviot, 4s 6d. QUOTATIONS. Aldinga, sellers £1; Alexandra Bonanza, sellers 4s 3d dis ;Aloxandra Lead, buyers 6s 3d, sellers 6s 4Jd;Alpino No. 2, sellers 19s. - * Bendigo, buyers 6s 6d, sellers 7s 6di; Boundary Creek, sellers 3s 6d. Central Charlton, buyers 4s, sellers 6s 6d; Charlton Creek, buyers 9s, sellers 12s 6d; Chicago, buyers ss, sellers 12s 6d; Commissioner’s Flat, sellers 6s. Dunstan Lead, buyers 3s, sellers 5s 6d. - Electric, sellers £1 18s; Enterprise, buyers £1 3s, sellers £l 6s 6d; Erickson’s Reward, sellers 11s. Fairdown. buyers 12s, sellers 15s; Fourteen-Mile Beach, buyers Bs, sellers 14s. Gentle Annio, buyers 11s 3d, sellers 14s; Gold King, buyers 3s 9d, sellers 4s 6d; Golden River, buyers os, sellers 5s 3d. Hartley and Riley, sellers £3; Hokitika River, sellers lls. Junction Electric, buyers 16s, sellers 18s.

Kelly and Casey, sellers 6s Gd; Kohinoor, sellers 9s. Lady Roxburgh, buyers 6s, sellers 4s dis; Loaning Rock, sellers 7s; Leviathan (ordinary), buyers Is, sellers 2s; Leviathan (pref.), buyers ss, sellers 6s 3d. Majestic, sellers IGs; Man-uherikia, sellers £1 IGs; Maori King, buyers 4s 3d, sellers 7s; Meg and Annie, buyers 15s. sellers IGs; Molyncux Hydraulic, buyers -3s Gd, sellers 6s; Molyncux Kohiuobr, bribers 4s, sellers 3s Gd ms: Monte Christo, seders £1 Is. Nelson Creek, buyers £3 3s, sellers £3 8s; New Halfway House, sellers Gs; North Beach, buyers 12s 3d, sellers 13s; Notown Crook, buyers £1 14s Gd, sellers £1 IGs 9d. Old Dunstan, buyers 3s 3d, sellers 3s Gd • Olrig. buyers £1 2s. sellers £1 4s Gd; Otago, buyers 13* sellers 15s. Pactolus, buyers £3 11s Gd, sellers £3 15s. Riso and Shine, buyers £1 2s, sellers £1 2s 4.jd; River Molyneux, buyers Is Gd, sellers 3s; Royal Maori, sellers 3s. Sailor’s Bend, buyers £1 13s 9d, sellers £1 15s 3d. Toviot, sellers ss; Trafalgar, sellers £1 ss. Unity, sellers 19s Gd; Upper Magnetic, sellers 5s 9d. Victory,- sellers £1 2s; Vincent Extended, sellers 7s Gd. Wnimumu Central, buyers 7s, sellers 7s Gd; Woodstock, sellers 15s.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM19020624.2.32

Bibliographic details

New Zealand Times, Volume LXXII, Issue 4688, 24 June 1902, Page 7

Word Count
606

MINING NEWS. New Zealand Times, Volume LXXII, Issue 4688, 24 June 1902, Page 7

MINING NEWS. New Zealand Times, Volume LXXII, Issue 4688, 24 June 1902, Page 7