MINING.

Star (Christchurch), Issue 7331, 18 February 1902, Page 3

MINING.

♦ RICH FINDS. United Press Association— By Electrio Telegraph — Copyright. (Received Feb. 18, 9.55 a.m.) MELBOURNE, Feb. 18. A thirty-six ounce nugget has been found • at Yandoit. ! ' BRISBANE, Feb:iß. A Chinaman has unearthed a four-pound nugget at Georgetown.

DtREOGIjSiIG BiE-TTTHNB. [Per Pkess Association.] WEIiLUStotTCXN, Feb. 18. The return d iliho Hauhau 'Oreek <iredge was •16oz gold ior 95 nc-ursj and d "tlhe Premier Builer 230z lodwb for 106 Jhours.

DUNIBDIN STOOK BXOBAISIIG'B. [Per Press Association.] - pUiNJiDIN, 18. •Sales on the 'Dunedin .Stoak Excihainge: — Alpine 'Consols 17s 6d, Boundaiy 'Oreek 3s and 2s 6d, Bdfariok 12s 6d, Golden Biver 7s 8d aaid 7a Bd, Notown Creek "23s 9d, Upper Magn«fcic 4s.

OTAGO NOTES. ,£FBOM OUR CORRESPONDENTS.] DUiffIEDTN, Feb. 1?. iM a meeting tU Ijie Bornsoleugh .Ncv 3 Dredging Company, field Jasi evening, a oom-pl-aijjis -was ocia.'do »b line p-rctongfcd and inexcusable 'defey w-hiah itoad 'been experienced over the completion and erection of. \!h-o dredging niiaafoinary. (Mr Leslie Reynolds, tibe matnager, rofeiwiiig to samis of the <xaxtvaxlloTS, spake v«ry strongly «f <bhe dilaifcorinesa doeptayed by Uhiem in delivering paffcions of lihe dredge "ttiey hod contracted tfor, and used even stronger, terms in speaJsing of "Uhe quality of -the worlfcmaiidnip pf one firm, -windon, he declared, .i«cta|d axev^T " get another bib of work from (ham (Ms e&cle of Eternity." "Ho could imat underslßUKTe^ much time boing occupied in maiking alfceraAioiiajjand lihou«'h'fc ibtefc .iihoy must have be«n,iinwdo y without lfii| auilhorily. ' A'/*' Tlhe' difficulty 'hi);3ieTto existing between ihs raining ' companies and tJhe itemd-owners in "tine Chasten district has b3en practically seillfcled on <a saikifac'ticjy basis. <t«rms cf the. agreement are thai a iBo-ard is to ba. created consisting of five members, of which numbec two <are "to be elected by the .companies, two by Who land-owners twid one by like Government. Their duty will be to construat and maintain a tail-rase to be granted by Vine Wawlen to <a> ■iiruSfcee fox lino Board. T'ha ccst of oonstructian will bo equally borne'by the GovcnumtfEiS and companies, and tlhe latiber ] arc to pay £10 per monlih eaoh umfcil their share ih-as been, covered. Besides ©o-nstruclldng and maintaining tho tadl-racß lihe Board . will estimwba the expenditure at tie beginning of | eaoh yeai, and levy cm the oompames -for the same, iihe ilatt«r being M no expense for ■waier fca 1 liJho farmers. !I!he general opinion is .'ifhat £600 or £700 will b& ffufncienii for the con- j pbruction of the race, wdrile tne maintenance is expected, to cosife strain £30 to £40 per annum. The companies conoerned are t'ho CSiarlkm Valley, 'Ifce Cemtrftl -Charltan, -fhe Cha-rl'ton i ■Greek, ."Jibe Lady dharlton end th« MacOhfa-rl-•ton, and all these ihave agreed to iihe terms, ' ■■which ■are consklcirod to he as good .as could be expeofced. Mr Gtrdoni, wiho ;repregen'ted the ■Government -at Hie conference, sta-tes that i-fc is iii'tend'Ed <to i>ass an (A<Ju nest session to put | all details xiglh't, tmd to proclaim the upper { por'laan of the cre«fc under Seotioa 108 -df ih.o 1 Mining dct.