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JOTTINGS FROM AFAR.

WHAT IS BEING DONE UPON OTHER

FIELDS

[By "Expert."]

The Mount Bischoff tin mine, of Tasmania, produced during- last year 2400 tons of tin, and paid £61,500 in dividends.

A syndicate was recently formed in Victoria on the strength of a prospector reporting " that the blacks or natives had informed him that rich dpposits of gold existed on the banks of a salt lake lying 300 miles east of Coolgardie." Bayley's Beward claim, Coolgardie, is assuming large proportions. At a recent meeting of shareholders it was decided to increase the number of shares and open a London register. The new capital is to be 480,000 shares of £1 each, and the present holders wiH. receive 20 shares for I—that is, instead of 24,000 shares there will be 480,000.

Charters Towers opened the ball for the new year by paying £16,000 in dividends as the result of January operations. The Bulletin says that already there are 1000 claims pegged out in Matabeieland.

A recent Brisbane telegram states that two men obtained in five weeks 4500z8 gold from the Gertrude claim, Cloncurry, Queensland. On the 7th inst. a valuable discovery of native silver was made in theßrokec Hill Consols mine, New South Wales, a j ocket having been struck containing large slugs of silver embedded in calcite, associated with carbonate of iron. Some of the slugs found are several "pounds in weight. The find was made in the drive of the 470 ft level, and. is the same vein which yielded phenomenal returns two years ago., The yield of gold for the month of January for Ooydcn, Queensland, was 44820z8 from 4300 tons of stone. The Tasmania Co.'s mine, the principal gold producer of that Island, intersected the lode in their new deep level a few days ago, and cut into it 3ft 8 inches without reaching the wall. There is a good show of gold, and the borings are heavily charged with , pyrites,

A rich alluvial lead has been discovered at Sebaetapol, about 10 miles from Temora (N.S.W.), at a depth of 105 ft on private property. The drift is fully 3ft thick, and yields from 5 to 10dwtsperton,andi8headiDgdirectfor Government lane!, where a large number of miners have already commenced operations. Colorado's (U.S.) output of goid, silver, lead, and copper for last year amounted to 30,218,837d015., the gold yield being increased by 2,500,000d015. upon 1892. The big plant at Denver (U.S.), belonging to the Grant and Omahu Smelting Co., turned ont last year 7,591,4250zs silver, and 82,404£0zs gold, the latter return being 19,2020zs over that of 1892. A large smeltiog plant to cost over one million dollars is projected by a syndicate of capitalists, and is to be erected for San Francisco Bay, the object being to secure the handling of all imported ores. The diamond mines of Kimberley I are said to have produced since they j were opened in 1872, on an area of two square miles, gems to the valne of over , £70,000,000 sterling. j' Deadwood, South Dakotah, U.S., I claims the largest smelter, the largest and most successful chlorination works in the world, and is now adding a stipendous cyanide plant.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS18940223.2.30

Bibliographic details

Thames Star, Volume XXV, Issue 4668, 23 February 1894, Page 4

Word Count
527

JOTTINGS FROM AFAR. Thames Star, Volume XXV, Issue 4668, 23 February 1894, Page 4

JOTTINGS FROM AFAR. Thames Star, Volume XXV, Issue 4668, 23 February 1894, Page 4