Mining News.

Star (Christchurch), Issue 4671, 19 June 1893, Page 3

Mining News.

[jFßoar ova own corrkbpondent.l BEEFTON, Junk "17. The following is the Stock Exchange report :— Business is still very dull, although this week's returns are very good bo far. The Specimen Hill crushing resulted most oatiofactorily, giving a return of 350z 15dwt from twenty-seven tons of etone crushed. Future operations in the Company's mine will be confined to driving on the reef formation, where it is expected to intersect the main reef at no distant date. The cyanide process at Boalmans did not clean up to expectation so far as is known, but the official report ia not yet put in. The manager believes that future returns will be better, as several improvements have to be made in the working, this being the first attempt on the Coast. Reports from the Amazon Company are most encouraging, and shares are being readily applied for. It is intended to register the Company next week. The following are the mid-day quotations : — Alexander Dredge, 2s 3d to 2a 6d ; Big River, 8s 3d to 8a 6d ; Cumberland, 10s 3d to 10s 9d; Exchange, 3d to sd; Golden Lead, Is to Is 3d ; Globe, 10a to 10a 6d; Lyell Creek, 7d to 9dj Lord Edward, 9d to Is; No. 2 Keep it-Dark, Is 3d to Is 6d; Progress, 21a to 22s Id; Sir Charleß Russell, Is 3d to Is6d; Sir Francis Drake, Is 5d to Is 7d ; Specimen Hill, 4d to Gd ; Success, 4d to 6d ; United Alpine, 20s 6d to 21s 6d; Wealth of Nations, Is to Is 3d.