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Notes from Auckland.

Auckiam), .Tune 1. The Goldstream mine, at Wharekurepunga, has '■ been taken up by a strong English syndicate on a i working option for six months. j The Tandem mine, Coromandel, is to be placed on the London market immediately, the preliminary details having been completed. June 3. The Waitekauri return for four weeks is £4031 from l(v>s tons crushed. The Triumph (Euglish) Mining Company, Coromandel, have commenced crushing on what is ■believed to be ore of fair grade. I The return for the past four weeks frcini the Waihi mine is very satisfactory, showing an increase of all but £2000 upon the yield of the previous month. During the four weeks 3294 tons of ore were treated for a yield of bullion worth £11,297. June 7. Herr Neinich, mining engineer for the New Zealand Exploration Company, has beeii visiting the Whanearei Heads, viewing the mining properties. He agrees that geologically the heads are identically the same as the Thames. Good dish prospects of gold were shown on Mr Robinaon'B properties at the Pacific Cliffs. The property is the most interesting he has yet seeu in the colony. It is a mountain of quartz, 30Oft wide, trenched for 60 chains, and it ib auriferous throughout. The Kapai-Vermont monthly return of £64 tons yielded 2400z of bullion. ROXBURGH AMALGAMATED MINING COMPANY. The annual meeting of the Roxburgh Amalgamated Mining and Sluicing Company (Limited) ■was held at the Chamber of Commerce yesterday • afternoon ; Mr W. L Simpson presided, and there were 13 shareholders present. The annual report, which was submitted to the meeting, st«ted that the value of gold won during the year was £6468 18s 7d, an against £8922 18s 4d for the previous year. This decrease was due to a considerable extent to the prolonged drought which necessitated the stopping of the sluicing operations during February aud March last. During the year a further sum of £100 had been placed on deposit, now making the reserve fuud for contingencies £500. The mine manager, in his latest report, considered the prospects of the claim look as encouraging now as he had ever seen them, a marked improvement having taken place recently. In accordance with the articles of association, two of the directors—namely, Messrs R. Cockburn and H. North retired, as also did the auditors, Messrs William Brown and Co., and, being eligible, offered themselves for re-election. The Chairman, in moving the adoption of the report and balance sheet, aaid it was to be regretted that the company was not so flourishing as it was last year, but all who were acquainted with mining knew that they could not always depend upon getting the same quantity of gold although they difethe same quantity of work. The first item on the balance sheet that called for attention was the reserve for contingencies. That had been increased by £100 during the year. At April 30' last year the liabilities amounted to £293 7s 3d. This year they amounted to £755 15s Bd, but a3 against that therewwoa o a iarger quantity of gold on hand. The mining property stood at about £100 less on the balance sheet than it did last year. The gold" in hand amounted to £585 7s 9d, as against- £300 last year. AVheu that was taken into account the liabilities came down to within £200 of what they were last year. The income, it would be obseived, had fallen during the year by about £245t, but the wages amounted %o £200 less. That was accounted for by the "stoppage that took place on the works, by reason of an unprecedented drought, for four or five weeks. While the wages were less than last year, the"cost of maintenance and renewals was about £188 more. During the year the company bad acquired a propeity which had cost them £300. That sum was paid to Loudon and party for a dam site, which was acquired for the proper working of the claim. The item *' dividends, £2186," was, of course, less than was paid last year (£4372). The prospects of the claim, according to the manager's report, looked quite as well as ever. Last year he seemed to be strongly of opinion that there was a pronounced

gutter, but further developments showed that it could not go by such a name. There were spots in the claim richer than others, and they happened to hit upon one of the rich spots last year. At the same time London and party were working straight above them and were on remarkably good ground, and as the workings in the Roxburgh Amalgamated claim ran right up in the line of Loudon and party's there was every reason to believe that the company would have fair returns yet. The ground could not be pronounced rich, but by putting through a large quantity of stuff it was very payable ground. He might mention that negotiations had been opened with the company by the Government with a view of seeing if the Government could acquire a dam from the company, preserving to them their water rights. Since the balance sheet had been made out the directors had acquired 11J- additional heads of water from the Hercules Company for a Tery reasonable sum. Mr J. Hazlett seconded the motion, which was carried unanimously. The retiring directors and auditors were reelected aud the meeting then terminated. MACBTOWN RETURNS. (From Our Own Correspondent.) Arrowtown, June 1. The battery returns from the Maoetown reefs are as follow :— Glenrock, 5160z 17£u\vt of smelted gold from 400 tons crushed, equal to loz 4dwt 17gr per ton ; Westralia, 113oz 17dwt smelted gold from 211 tons crushed, or lOdwt 19gr per ton. The company also obtained i! 156 worth of gold from 37 tons of concentrates. A GOOD RETURN. (Fiiosi Our Own Correspondent ) Cromwell, June 7. The tributers of the Cromwell mine, Beudigo, washed up 2400z for seven weeks' work for ten men. The company takes 25 per cent., and charges for the crushing. TnE MORNING STAR MINE, PRESERVATION INLET. Invercargill, June 5. • A handsome cake of 49Soz from 270 tons of stone (valued at .£2041) was received to-day for 20 days' ciushing at the Morning Star mine, Preservation Inlet. The mine has now yielded worth of gold in 15 months. THE MOUNT LYKLL, MINING AND RAILWAY COMPANY (LIMITED). i Mr A. G. Fenwick supplies the following extracts from the head office report received by him for week ending May 6 :— Smelting Plant. — Both furnaces running continuously. Extension to Smelting Plant —Railway bins completed ; tramway girders in progress ; floor joists well in hand. New engine room — Roof trusses framed and erection in progress. New boilers — Foundations of first four boilers completed ; corDer columns of first set erected. No. 3 furnace — Various water connections in progress ; connection of bustle pipe with hot air main completed. No. 4 furnace— Brickwork of shaft well in hand ; downcast flue in. No. 5 furnace—Foundations in progress. Water Supply.— Six-inch pipe laid from East Fork tank to new furnaces. Converter Plant.— Working continuously with two vessels. 1014 tons of blister copper shipped to date. ' New electric light plant being installed. Mr A. G. Fenwick supplies the following extracts from head office report received by him for week ending- May 13 :—: — Smelting Plant.— Both furnaces running continuously. Extension of Smelting Plant.— Storage binsFlooring and sheathing in progress ; tramway girders about completed. New engine roomHoof nearing completion. New boileis — Assembling of second set well in hand ; water tubes of first four boilers in course of erection. No. 3 furuace— Water connections in progress ; bricking in bustle pips and hot air main. No. 4 furuace — Brickwork of shaft, in progress ; downcast flue completed. No. 5 furnace — Foundation completed ; sole plate 3in place ; erecting corner columns. Converter Plant.— Working continuously ; 1122 tons of blister copper shipped to date. WARDEN'S COURT. Friday, June 4-. (Before Mr Warden Carew.) The Deepstream Amalgamated Hydraulic Company (Limited) applied for a protection certificate for six months in respect of their water race, Deepstream. — There being no objection to the application it was granted. Robert Lee applied for a special claim of 80 acres for 21 years for the Golden Key Quartz Mining Company (Limited), in b'.ock VII, Nenthorn. It was proposed to work the claim by tunnelling aud water power and to invest £5000 in it. — Recommended for approval. Captain Cradock applied for permission to construct a dam about 3^- miles from the mouth of the Three o'clock Creek, Silver Peak district. — The application was granted. The same applicant also applied for permission to construct a water race about a mils in length, commencing at a point abcut 3A miles above the junction of the Three o'Clock Creek with the Taieri River. — Granted. Thomas Fiairu and J. A C. Clyma applied for permission to coDsbrucb a tail race about 40 chains in length at claim in terrace above Blouut Mißery Creek. — The application was granted. ! Captain Cradock applied for a licensed holding of 30 acrts in Museum reserve, section 10, block XII, Nenthorn district, between th^ special claim applied for by Peter Montello and : the Three o' Clock Creek. It was intended to work the land by driviog and sinking- aud to invest £2000 in the workings. — The application wag gr&uted.' Peter Andrew Lyders applied to obtain a protection certificate for six months for his licensed holding, section 1, blosk XII, Neuthorn district. — Granted. The' Anglo - Continental Gold Syndicate (Limited) and the London and New Zealand Exploration Company (Limited) applied for a licensed holding to the south-west of section 6, block VI, Nenthorn district, and abutting on I the said section. It was intended to work the land by shafts and quartz crushing, and invest £5000 in the workings. — The application was [ granted. ! Thomas Flairn and J. A. C. Clyma applied I for permission to construct a dam bank and form a reservoir for the storage of water at Mount Misery Creek — Granted.

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https://paperspast.natlib.govt.nz/newspapers/OW18970610.2.66.11

Bibliographic details

Otago Witness, Issue 2258, 10 June 1897, Page 23

Word Count
1,652

Notes from Auckland. Otago Witness, Issue 2258, 10 June 1897, Page 23

Notes from Auckland. Otago Witness, Issue 2258, 10 June 1897, Page 23