ANGLO-NEW ZEALAND MINING ITEMS.

Thames Star, Volume XXVII, Issue 8324, 15 April 1896, Page 2

ANGLO-NEW ZEALAND MINING ITEMS.

[From the London Mining Journal,

Febkuaky 29th, 189G.]

THE HAURAKI MINE

One of the most remarkable gold mining successes which can be chronicled as having been achieved during the last year or two is certainly that of the Hauraki Gold Mining Company, which, in a career of little over a year, has realised a profit that, taken in conjunction with the company's capital, may properly be called enormous. The directors' report for the period from December 14th; 1894, to December 31st last, has just been issued, and defines with great precision the company's successful working during the period in question. To win gold amounting in value to £101,544 upon a subscribed capital of £40,000, and that during only a few days over 12 months, is certainly a phenomenal feat in industrial matters, and at the same time attests the rare productive capacity of the Hauraki mine. Such is the company's record for a year, and since, as we have it j upon the directors authority, "the returns continue to show satisfactory results," there is great reason to hope that similar, or even better, results may be gained during the current year. The management, moreover, are pursuing no backward or unenterprising policy. I They are at present meditating the expediency of commencing operations at the "Union Beach" and " Golden Pah" sections of the property, and are of opinion that very good returns will be obtained therefrom. The report is accompanied by an exhaustive exposition of the present state of the company's workings, and the indications in every direction appear to be highly favorable in character. Evidently the Hauraki mine is not soon going to fall from its high estate.