WAIHI GOLD MINE
POSSIBILITY OF CLOSING GOVERNMENT ASSURANCE OF ' EMPLOYMENT PA AUCKLAND M°v 13 The president of the Waihi Chamber of Commerce ( Mr J. Stevens) said today that a cablegram had been received from the directors of the Martha Company in London to ttie effect that goldmining operations were to cease immediately. A notice was posted at the) mine yesterday morning and, later-taken d0wn..... The Government was informed' and the Minister of Finance (Mr Nash), who was in Auckland, was immediately notified. _ . Mr Nash gave the Mayor of Waihi (Mr J H Pickett) his assurance that there would be\ng .unemployment in Waihi and that the town would in no way suffer. , Mr, Pickett will go to Wellington next week. * Mr Stevens said there was no need for residents to be alarmed.
Waihi, which has a population of 3870, has been chiefly supported by the Martha mines and in which many men are employed Gold and silver are produced Waihi ns at the base of the Coromandel Peninsula, midway between Thames and Tauranga.
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Otago Daily Times, Issue 27080, 14 May 1949, Page 6
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172WAIHI GOLD MINE Otago Daily Times, Issue 27080, 14 May 1949, Page 6
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