THE ANGLO-CONTINENTAL GOLD SYNDICATE.

Otago Witness, Issue 2200, 30 April 1896, Page 17

THE ANGLO-CONTINENTAL GOLD SYNDICATE.

This morning, writes oar Wellington correspondent on the 22nd, I had a chat with Mr Cfa*» don r Inspecting engineer of the Mine* department regarding the new position he is about to bake up in connection with the Anglo-Continent*! Gold Syndicate (Limited)', under which he has aec&pted a lucrative appointment. From what Mr Gordon told me it is plain that the infea* tionfi of the syndicate are of immense intend and importance to the mining; Indatfcryof this colony, and of- courao to the colony; generally. Tha company., it appear*, is not a- mining cony pany in the. ordinary sense of the term, inasmuch fchit it do*»-nofe intend to take ap obdou and work them itself. The- objects of the venture are to acquire and develop mfniog properties for the purpose of putting them 99 the London market. It has- a staff of trained experts, who will inspeot and report on any mining properties brought under its notice* aud if these reports arts satisfactory the propertiei will be taken up and plsc/d en the market, The company bos. practically unlimited capital, and in any transactions it may undertake there will, be no necwriby for waiting for money coming from Home* ai there will be an ample amount available in the colony, According to Mr Gordon, : it is the most powerful company that ever, came out of London for mining business. Mr Gordon, who i* to be the couapsnyfs general muaager and New Zealand representative, will have 4, very free hand in entering into agreements and arranging all transactions on behalf of the company. Me Park, of the School of Mines, will take the position of consorting engineas to the company.