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MINING NEWS.

[by telegraph—own correspondent ]

Auckland, December 23.

MAHARA ROYAL.

The Mahara Royal Co. has treated 300 toes of ore from the Royal and Fluke reef for 17«ozs 2dwts melted gold, valued at £549 17s Bd. MOANATAIARI. The Herald pays, " We understand .that information has been received from the London directors that .the general management of the Moanataiari Company and May Queen i Hauraki Company's operations will be under Mr H. A. Gordon, General Manager of the Anglo Continental Gold Syndicate, in conjunction with Mr Jas. Park, consulting engineer, who wiil employ capable certificated mine . managers in each of these Company's ' mines.' j THE SHAREMaRKET. Sales were made to-day in Waihis at 935, Talismans 11s 9d, Great Barrier- : Gold and Silvers 2s 2d, and Northern Steamships 7s 3d. An improvement was noticeable in Waitekauris and Alphas, buyers offering 3ls 6d and 2s 8d respectively. BUNKERS HILL. A wire was received from the manager of Bunkers Hill to day to the effect that gold was showing in a fourinch leader in both faces, and also in the quartz brokec from the rise on the leader. *

PURTT CONSOLIDATED.

Cleaning up on behalf of this company took place at the mill, Puru, today. The return has. not' jet been made public, but we understand it I will be a moderate one. i IMPERIAL*. ; m ' The manager reports:-- "The extension of the low adit tunnel level is still being steadily pushed forward, There ia 110 material change in the class of country being penetrated,' but it is somewhat lighter and more difficult to work. However, this is not likely to last long.—S. Howard." KARAKA MINES. A trial crushing of 100 tons of the ore brokeu from the reefs operated by the company since its inauguration was completed a few days ago at the May Queen Extended battery,-lor a yield ot 27ozs 1 Idwts of melted gold, valued at 58s 9d per. ounce, making a total value of £80 18s 6d. It was intended to have put through a much larger parcel of the ore, but owing to prior engagements at the bat'.ery, this idea had to be. abandoned

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THS18981223.2.29

Bibliographic details

Thames Star, Volume XXX, Issue 9259, 23 December 1898, Page 2

Word Count
354

MINING NEWS. Thames Star, Volume XXX, Issue 9259, 23 December 1898, Page 2

MINING NEWS. Thames Star, Volume XXX, Issue 9259, 23 December 1898, Page 2