MARTHA MINE OUTPUT
After a steady decline over five years the gold output of the Martha Gold Mining Company (Waihi), Ltd., was slightly higher in 1947. The quantity of ore crushed also showed a small increase, but the silver content was. lower. The total tonnage crushed in the year was 121,797 short tons—an increase of 1011 tons over the previous years figure, but much below the earlier years of the mine. Gold won totalled 29,019 fine oz, an increase of 4860 z. and the silver yield was 220,2130 z, a reduction of 19470 z. The following table shows the returns based on the published figures tor tne past five years:—
Operations were carried on during 208 days in 1947, against 234 days in 194 b. The company’s final return for the year, cabled to London, states that for the period ended December 31 the mine opei - ated 30 days, crushing 18,835 tons of ore for 5133 fine oz. of gold and 28,349 fine oz. of silver.
Short Tons. Gold oz. Silver oz. 1943 . .. 166,070 40,791 ■ 278,383 1944 . .. 145,076 36,823 324,615 1945 . .. 140,014 32,253 242,368 1946 . .. 120,786 28,533 222,160 1947 . .. 121,797 29,019 22p,213
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Bibliographic details
Otago Daily Times, Issue 26692, 11 February 1948, Page 7
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192MARTHA MINE OUTPUT Otago Daily Times, Issue 26692, 11 February 1948, Page 7
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