GOLD MINING INDUSTRY

Wanganui Chronicle, Volume 79, Issue 12, 15 January 1936, Page 8

GOLD MINING INDUSTRY

A FULL INVESTIGATION STAVING OFF WILD CAT SCHEMES OPENING OF SEW DREDGE [ Per PrM. Amoc tition. 1 NEL3OX, Jan. 14. When opening the Ma'aki Junction Gold Dredging Company's large dredge at Murchison, the lion. I’. * . Y'ol»b (Minister of Mine*, said that in the past manv people had invested money in wildcat scheme*, hut in future he hope-! that a full investigation won;-1 make gold investment safer for the public. He congratulate,! the <-ompanv on its enterprise and the methods adopt ed. The Minister said that the Depart Trent would not support the type of gold-mining proposal which made mining a field for gambling. Ihe Depart Trent mu'-! have a progressive policy. It might be ne< o—r. rv to tread on the toe< nf someone, but that von'd not be helped. Thi< rompanv Htended to flatten out stone* after the ground had them. ‘•ln fntn-e before the Department will agree to *urh dredging schemes nn land which i* nf gond type, it wil. ser'*ot>*iv consider making :he rep aing of soil necessary.’* It is contemplated that there " • •hortlv be 45 m s»> dr‘dge- operating tn New Zealand. said the Minister. ‘•That proce=? i< the best one at the moment. It i* the .h v «.f the mammoth machine. The Government will have to gl'e faci’.irie* for those mac > ne« tn |,p rpera.ed by the removal of onStae rs. The W. M • »a t offers a great fie-’d for a mining re- »a . We hope to pur new life into the indu.-try. At present the Government i« determine-' to put mining i»i it* prom r p..®» ®. working t ie n. i. ar- •••• , p«*dv j- -■ r n'. wo-k nnd»‘r propet •• »nd;;io’i*. It •he industry, has t-> te on ion wage-, then it ha- no rigm to sun i' e. The Hon. R. Semple M-ni-ter of Thib l - \Vork> congratulated th® com panv on its enterprise. Go . min ng had been serious’, r neg nr sa -I. Xnw scientific meinod- hn-i ?>• sw n-trodn.-ed. The new Government intended tn ha-e a nat ona >lockt !.x ng in all rie-. -w, that •' - ■* *‘on e»ntrate on those whi-'i ' •»»>•: ‘ dd r»> the natinm’ wealth. In t na-t G’e rountrv had depended on |»<rrowed monev and imported go,, but it was now neces~arr *o nia\e X’e • Zea and ns fa® a* possible :so«n ik-b«»;-. Vx will entourage nvor en* invents to morav. fhn-e* in pow-er wil as wgtrh dogs fnr thn-e overseas *p’e a« io»'l a* for N’rw Z®a an-iers and see that thee are not exp -ted.** sa -1 ??*e Al i n i •«’ e ’