AUCKLAND MINING.

Otago Witness, Issue 1148, 29 November 1873, Page 15

AUCKLAND MINING.

Prom Auckland the mining news indicates steady and gratifying progress. The number of l-iaying mines ia perceptibly increasing, and new names appear among the list of crushing returns. The Caledonian still keeps its admirers in a condition of pleasing uncertainty. At the least show of gold "in No. 4 winze," up go its shares at a bound. The next day's intelligence is generally that the golden stone having been shot down, nothing but mullock or barren stone, or some irapleasant substitute, is in si^ht. In this way the shares oscillate from £14 to £18 two or three times a week. The Bright Smile, and other comparatively new mines, however, yield steadily, though not brilliantlj', and keep up their market price. In Coromandel everything seems brighter. The Royal Oak, Harbour View, and notorjous Union Beach, are crushing. The Tokatea coatiuyeg its steady yields, aiid, ey§ry owe

is on the gui vive to know what show the Bismarck will make when Bennett's battery begins crushing for it, which was expected to be_ soon when the last mail left. The "Van discovery has also created great interest, and the reef, as opened up, is described as very good, showing gold occasionally, and about IS inches thick. The neighbouring claims are all more or less affected by this find, and the track to the Waikororoiko, some three miles lower down, is said to be nearly finished. The Kennedy Bay district is expected by the local papers to become one of the richest mining districts in the Province ; and we shall only be too happy to find the time arriving when we can chronicle the fulfilment of these bright anticipations.