MINING.
secretary of the Nokomai Hydraulic Sluicing Company reports that No 2 stnickbottom on Saturday at a. depth of 34ft. 1 wash-up was made at No V ™ ! t™.: «?„ rau " IR fV , RlS( ? <1 Shine No. 2 dredge worked 18ft ahead last week on a soft ,™3av bottom at an average depth of he west side, but in the deeoer ground the wash? * * OMI ° f silt with Cabled advice has been received that tlw annual meeting of the Waihi Gold Mining Company will be held on May 27, and th,? the gross profit for the year ended Decern ber 31 was £194,000. Tho amount cS forward last year was £35,000. making an available total of £229,000. Dividend income tajc have absorbed £148 000 de preciation £18.000, and war funds f"lr™ leaving £62.000 to be carried forward '
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19180523.2.62
Bibliographic details
Otago Daily Times, Issue 17322, 23 May 1918, Page 6
Word Count
135MINING. Otago Daily Times, Issue 17322, 23 May 1918, Page 6
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.