MINING.
WESTLAND NOTES. [From Our Correspondent.] GREYMOUTH, January 18. The directors of the Consolidated Gold u fields of New Zealand, Limited, have issued a circular to their shareholders, and also to the shareholders of the Progress Mines? of New Zealand, Limited, in which they state that, in consequence 1 of the entirely satisfactory way in which the Blackwater mine has opened up, the directors have exercised the option held by the two companies. A transfer of the property has been completed in the joint names of the two companies, and the balance of the purchase-money . of £27,000, making' in all £30,000, has been paid. A~ company is now being floated! on the London market with a capital of £250,000. Haley's Gully.— Repairs to the water-race were started yesterday. Montgomery's has resumed sluicing.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TS19070118.2.30
Bibliographic details
Star (Christchurch), Issue 8831, 18 January 1907, Page 3
Word Count
132MINING. Star (Christchurch), Issue 8831, 18 January 1907, Page 3
Using This Item
Star Media Company Ltd is the copyright owner for the Star (Christchurch). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Star Media. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.