Article image
Article image
Article image
Article image
Article image
Article image

THE WEEK'S MINING NEWS.

Tka Champion Gold Mining Company (Limited) have obtained ,10oz 9dwt 20gr from the top boxes for 44 hours' actual elevating. The manager reports that he intends shortening the main line of pipes and erecting a short portable elevator and boxes r in the paddock, as he is unable to take up the bottom, which has ijoi yet been touched, owing to 'the ground deepening and dipping away from tho main lift. ,It will take some time to effect these alterations, but as soon as they are completed ; work will be carried on for 16 hours per day instead of 8 hours as at present. | The diedgemaster of the Matau Dredging | Company (Limited) wired on Thursday: — iT< Started dredging to-day. Working well. | Will not wash up this week." Shotover Quartz Mining Company (No Liability).—Mr S. E. Brent supplies the following extract from the mine manager's report. — ' No change in the formation lias occurred in the machine level since last report. Sixteen feet Have been driven, making, the total length An Auckland telegram stales that the Mariposa Company, Kuaotuna, obtained £401 worth of gold for the past month's crushing opera: tions. The month's yield of gold for Auckland i is valued at £45,706, '-with xetilrns of about £1000 yet to come in. The increase -on the previous month is £3610. ' • • The Tarawera Mining Company have engaged Mr Jame3, a metallurgist recently from Mount Lyell, Tasmania, to make a full report on their copper lodes at Isthmus Bay, Preservation Inlet, with a view to deciding upon further action and the most desirable method of treating the complex ores.— Southland Times. An Auckland telegram says:— The Royal Talisman crushed 900 tons, the yield beinsj £3609. The Adam's Flat correspondent of the Bruce Herald writes:— A dredge claim of about 60 acres has lately been taken up here and surveyed. I understand the company is fully made up (including three or four local shareholders), and it ie the intention of tho company to be at work within four months, they having bought a first-cluss dredge at present on the Molyneux ; and I believe it is to be delivered here, fitted up in good working order, andvj handed over to the comnany within the time ! stated. The Matakanui correspondent of the Alexandra Herald writes:— The Undaunted and Matakanui Companies are making big headway with a plentiful supply of water, and are getting good returns. The latter washed up the boxes last week, after six days' running, and realised the handpome return of 42oz.— Messrs Simes and Morgan also have a good supply of water, but the other claims are just about at a standI still. We (Lake County Press) understand Messrs J. Williams and J. Partridge have struck some excellent-looking quartz in the Maryborough mine, Macetown. However, it will take some time to properly open up the claim, and get it into good working order. A good piece of gTound (says the Alexandra Herald) is owned by Messrs R. Kitto and Son, j of Miller's Flat. The party have worked as much as they can by ground sluicing, but there i is still a good depth of the richest and best \ wash unworked. The claim lies in front of the Golden Treasure No. 2 claim, and below the i Ettrick claim, and dips into the flat. The | party put down a shaft the othdr day, and for i an hour and a-half's shovelling into the boxes ', i by one man secured 6dwt 7gr. Pieces of gold weighing sdwt or 6dwt are common. This j would be a splendid piece of ground for dredg- | i ing, and I understand that Messrs Kitto and | Son are willing to sell out owing to their in- | ability to further work the claim by the old- ' fashioned method of ground sluicing. Tho directors of the Golden Terrace Dredging Company have declared a fourth dividend of Is per shaie, payable on Thursday Fiiday's Dunstan Times says— The Molyneir- Hydraulic dredge washed up 21'oz last \ week. The returns are keening very steady. I The directors of the Empire Dredging Com- ' pany have declared a dividend of Is per chare (making a total of 10s since conimenciiv 10 months apo). The Jutland Flat and Upper j Waipori Companies each pays a dividend of Cd per share. The Tuapeka Timec states that the Empire ! Dredging Company's second dredge is likely ; to be in readiness to begin work at the beginning of next month. The contract for placing the iuachiaery ou board has been let to.

Mr John Knewstubb. The engine and boiler (Marshall and Sons) arrived by the Ruahine. It is notified that the Waimumu Extended Gold Dredging Company has acquired a free- • hold immediately below and adjoining the Wai- : mumu dredge. It has been x:>rospected with a ; small dredge, and is said to be highly pay- ; able. Some 1500 shares o»ly are left for sub- ' i scription. I Stevens and Edwards, in Hosking's paddock, j Quartz Reef Point, washed up on the 30th ult. j for a month's work, and got about 20oz. — -Cromwell Argus. ) i |

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW18990420.2.76.2

Bibliographic details

Otago Witness, Issue 2356, 20 April 1899, Page 22

Word Count
846

THE WEEK'S MINING NEWS. Otago Witness, Issue 2356, 20 April 1899, Page 22

THE WEEK'S MINING NEWS. Otago Witness, Issue 2356, 20 April 1899, Page 22