MINING.

Otago Daily Times, Issue 10900, 6 September 1897, Page 2

MINING.

NOTES FROM KEBFTON. (From Ope Own Corkespondent.)

Reefton, September 4.

Saturday's midday quotations :—Big River; 133 6d to 14s fad ; Bul'er dredge, 4s 6d to ss ; Cumber* land, 23 6d to 3s; Dillon Extended, Is to Is 3d; Exchange, Is to Is 3d: Golden Lead, Is to. Is 3d; Hercules, Is to 1b 3d ; Lord Edward, 9d to Is ; Keep-it-Dark, 27s to 2Ss; No. 2 South Dark, Is to Is 3d ; Success, 6d to 9d ; Alpine Extended, 83 to 9a ; Welcoiae (paid up), 5s 6d to 6s ; Boatmsns Exploration, fid to 9d ; Kirwan's E,eward Syndicate (per full eighth share), £1200 "to £1400.' OwiDg to limit of business the above quotations are nominal.

Che Builer dredge return was 220z Hdwfof. gold for 132 hours' dredging. The return from the Dark for last week, ending the 28th. August, was 14fioz amalgam from 231 tons of Btonp.

The Consolidated Company have made a Bt&rt to work their property, Larrys, under the man-, acement of Mr P. Q. Caplee. There are at present six men engaged working there.

NOTES FROM AUCKLAND.

, (Pas United Peess Association.) ; Adckland, September 4. The Waihi Gold. Mining Company has declared a dividend of 2s pei'ahare. '• The Waiotahi monthly return was ISSoz from 130 tons of ore. • v ■ . ' Instructions have been received that no information in relation to the Kapai-Vermont is to be made public in the colony. Half the shares ara ' said to be held in the colony. | Owing to the legal opinion of Mr Theo. Cooper i relative to the pooling of the shares of the Great' Barrier Gold and Silver Company with the Johannesburg syndicate to the effect that any dissentina shareholders could appeal to the court and demand their shares from the pool, the directors have agreedito abide by that decision and to declare the .pooling arrangements off. The work on the original Great Barrier Gold Mining Company is proceeding- on the property under the supervision of the representative of the New Ztaland and Johannesburg syndicate, who have some months' option over the ground. Negotiations have been entered into by a wealthy syndicate with a view to-obtaining an. option over the Marco Polo and Marquettai properties. , ■'

THJE MORNING STAR MINE.

, Invercargill. September 4. The steamer Inveicargill brought up a cake of gold, weighing 803oz, obtained from 670 ions of stone, the result of six weeks' crushing in the Morning Star mino;. ■ .

THE MOUNT LYffiLL MINING AND RAIL.1 WAY .COMPANY (LIMITED).

Mi* A. G. JFenwick supplies the following ex« }; tracts from the head office report for week ending ; August 1). ■,—: '.■■-:,■■'■: '■■■■■■■ Chief metallurgist reports': ' . • Hauling Line.r-Ore bins at the mine terminus [ well, in' hand and, near completion; erecting shelter houses for men on top of saddle. Smelting Plant.—Four furnaces in operation," No. 4 now being in blast. Extension of buildingMain part of northern lean-to completed; additional elsctric lights put in for use of furnaces four ; and five. New engine room—Putting in southern wall of same; firßt new Roots blower finally connected* with present double hot blast I stove, and set in motion on the 10th ; running I satisfactorily; erection of second new Roots Mower and completion of large steam main in progress. New boilers fully completed and fired up during week. No. 4 furnace received 'finishing touches during week; dryiug fire put in on 9th arid furnacs successfully blown in in connection , with' first new RoGtis blower on the 11th! .No. 5 furnace—Slag race finished ; track for' forehearth in progress; blast connections of lower jackets and other construction details in hazjd. *, Quartz Flux - Quarry.—Clearing site for selfacting tram from top of .hill.down to proposed ; crusher site. . . Converter Plant.—Prolongation of front retaining wall completed ; plant again started with two continuously running vessels. SiSO tons of blister copper despatched to date, being 1975 tons for the half-year. V . Mr Fen wick abo reports the receipt of the following .cable:—"From the £6fch July to the [ 25th Augu3t. inclusive, a total quantity -of 7402 jtons of ore have been treated, being 767 D tons from open face and 823 tons from No. 4tunnsl, the average assay value of the ore before treatment being—Open face : copper, 3'S5 per cent. ; silver, 2'220z per ton ; gold, "175ozper ton. No. 4 tunnel: copper, 637 per cent. ; silver, 52'730z per ton; gold, 'llfJoz per ton. The converters have produced during the same period 382 tons of blister copper, containing — copper, 377 tons ; silver, 48,012oz; gold, 16950z." i ' [We give the figures as to the quantity of ore treated as cabled, but they are obviously incorrect, as'the stated total quantity of ore treated is les3 than the total said to have come from the open, face alone.] .... The Upcsr Waipori Alluvial Gold Dredging Company (Limited) obtained last week from No. 1 dredge lOoz 12dwt of gold for 62 hours 1 dredging, and from No. 2 dredge 12oz lldwt of. gold for 138 hours' dredging. . < The Jutland Flat (Waipori) Gold Mining Company's dredge resumed dredging on Thursday last,2nd September. . The Dunedin dredge washed up for last week 14ozl2dwt.

Mr C. S. Reeves reports P.loz 2dwt ISgr of gold from the Enterprise dredge for last week. The Dimstau Times reports ihat the Molyneux Hydraulic Company's dredge obtained 12oz 19dwt 4gr on the 28th ult.,. value £43 17s 9d. making a total of 290z 9<hvt 12»r for, the week. The dredge washed up again last Thursday for 19oz ]§rttyfc 9sr, value £7G 17s 6d.