MINING.

Otago Witness, Issue 2157, 27 June 1895, Page 18

MINING.

THE WEEK'S MINING NEWS. In connection with tho Auckland mining boom, the Hon. Mr Cabman declined a request to have an official Government report published in England r* garding the various mines. The Thames papers states that shares are eagerly baught on the Auckland Stock Exchange without reference to the appearance of the mine or its prospects. The Premier of South Australia has signified his readiness to co-cperate with Now Zealand to abolish the patent for the cyanide go!d-3aviug process. The Serpentine correspondent of the Mount Ida Chronicle writes:— The weather here for the past few months has been very favourable tor mining operations. We had a big full of snow a few weeks ago, and it started again to snow on Fiiday night and ceased during the next day, but started again in the night and continues yet. I think this snow will be likely to put a stop to all mining operations for the winter. Some Of the parties here washed up, and obtained very favourable results. The Celestials still fossick about, and seem to get their share of the gold.— We had a visit from Mr Gow, inspector of mines, who was accompanied by a few of the Alexandra diggers. Mr Gow came out to look \ at the old Manorbuin water rase. Th a diggers of Alexandra wish the Government to buy this water race from Mr Cameron, who own> it at present, and bring it on to the slopes of the Manuheiikia river. By extending and cutting it deeper and wider they would obtain a plentiful supply of water. There weivs some thousands of pounds spent on this water race about tbe years '65 or 'C 6. At that time it was the intention to take it on to Blacks No. 1, but when they had cut a considerable portion of it they discovered that they were cutting it too low, and therefore abandoned it, and it remained idle until Mr Cameron found means of utilisiug it." The following iteti s are from the Dunsfcan Times:— Mr W. Pacey has sold his one-third share in the Prospectors' claim at Manorbuin to Mr L. Cameron for £50.— The Molyneux Hydraulic and Elevating Company intend to i-sue new shares to procure a dredge to work the claim. It has been found that much time is lost through either the liver being too high, aud co preventing the outflow of tailings and causing great leakage in the paddock, or the scarcity of water in the race leaving the company without sufficient power to elevate. — The Manuherikia Gold-dredgiug [ Company's current-wheel dredge has not started work yet. The river will have to go down another 3ft before it can work.— Our Cromwell correspondent writes :— "The excitement caused at Quartz Reef Point through Scolea Brothers obtaining a prospect, has subsided. Very magnified rumours of (heir prospect got abroad, and all the available ground was pretty well pegged out during the night. Miner" at present find the high ground the most workable, and prospecting is at present confined to it." An Auckland telegram says:— -'From private and other bource3 news has been received in Auckland of a disturbance in the London market for gold mining stocks. It commenced about the middle of May through pressure in the South African market, when there was a decided bet back in the stocks, and this at once reflected upon Australian and New Zealand shares which suffered a corresponding depreciation. Since the receipt of the mail private cable messages report the price of Waihi to be £6 Gs and Hauraki 12s (id, with buyers at these figures." The Tuapeka Times states that the following telegram has been received from the Hon. Mr Larnach re the Waipori difficulty :— " The Piemier informs me that Government has been advised that the proclamation referred to by you gives miners full liberty to discharge tailings into the Wainon river." In a reply to telegrams from Mr Knight the Minister for Mines declines to guarantee miners if proceedings are taken by the Berwick farmers. A correspondent of the Tuapeka Times, writing from Greenfield, reports :— " Thia field, which has been so much talked of and written about lately is at a very low ebb at present. There are now less than 30 men on the field, and of that number more than half are unable to work owing to the high state of the creeks and the surplus water in the ground. On this account a good number had to leave who will piobably return in the summer, woen the days are longer and the ground drier. It is difficult to estimate the actual return for fclio

amount of labour expanded, as the nvm are in most cases very reticent, and those who are inclined <o talk overefctiraate the gold won. On the whole I am inclined to think that tucker is about all that can be made at pre-eut ; but under favMinalile circumstances fiom 5s to (is a d-iy might be made almost an y where on the field. Mr Smith still collects the 2n 6d a work from each man on the field, irrespective of his return. The chances of Gr ch field ever being rm claimed a goldfield arc getting more remote daily." i The owners of the Champion Copper Mine invite tenders for the purchase of their property. This includes freehold and leasehold land, smelting and other plant, ninchiiieiy, stons, aud all neoessiiy buildings. In addition there aye several hundredH of tt na of native copper and coppei ore said to be ready for use. If all that is pai«i about the properly is correct, and on -this point no one but an expert could speak with any certainly, it would i'ppear as if a valuable property was being off er< d Mr Thomas Callender reports 550z 18dsvt 18<;r retorted cold from the Sew Hoy Big B ach Gold Mining Company (Limited). The secretary of the Dunedin Gold Dredging Company (Limited) received the following telegravu f rom <the diclgemastcr on Saturday- — Tt Washed up fnr 13Joz gold." The Upper Wuipori Alluvial Gold Dredging Company (Limited) obtained from No. 1 dredge 18oz 3d wt gold for 113 hours' dredging last week. The Jutland Flat (Waipori) Gold Mining Company (Limited) obtained 28.>z Ifldwt gold for 141 hours' wages time (137 hour* actual dredging) last week Mr 'I'll mas Callender received a telegram fj:om the M«takitfiki Gold Dredging Company (Limited) intimating 1-loz 6dwt gold for 120" huiiro' dredging, for the week ending June 22. Mr Jabez Uurton reports :— "The Roxburgh dredge washed up for the week 2JJoz gold, and tho Ectiick dredge 15ioz gold."