THE Waihi Daily Telegraph. WITH WHICH IS INCORPORATED The Waihi Miner THURSDAY, NOVEMBER 2, 1905

Waihi Daily Telegraph, Volume V, Issue 1472, 2 November 1905, Page 2

THE Waihi Daily Telegraph. WITH WHICH IS INCORPORATED The Waihi Miner

THURSDAY, NOVEMBER 2, 1905

Uere Bhall the froen tbo fooplo's Bight mimtam TJmned ly infliionoo und unbiilidd by gain; HorepitrlotTruili 'n <:irwoj prsoopts di»w PlldKod to Religion Liberty, mil L>*

■lt was recently reported by cable that a Melbourne syndioate, backed by a capita] of £350,000, had purchased Brokon Hill tailings Bnd approximate Mings from other mines, and expooted by a now metb'odofextratition to obtain tho,vast of 125,000,000. In our to-day it is stated that the silver and the Sydney sharemarket buoyant owing (o adyoncMm and lead upelter, and ptthe trea)ment ; of : irmp' tallin^;' 7: Amohg«t;tihe';heftyy. dealing^larg^^ : BarrieV': BOr jp :: 9®i beeueflnieadve^ tier aiid irt ttf« ettfei: |

tensive ia'or bl by ;*b» TWficiris' Broken M- coupnie>i;oh'ibeprintiip|e that a mo 3 ;, valuable commpSHy : .is beitig sioriificedfor a few Bhilyogs pec ton, but it i? pointed out by a ■ doutcmppraty that it oiu6t bo taken into consideration that although tho metal contents of these tail? ■ ings ate of fairly large gross value, allowance must be made for certain' conr | tingenoios which put, another complexion on thel mattor.. The first consideration would bo by 'the purchasers iho cos 1 , of plant ueoossary for this hitherto wiiste product by wbatover process may bo adopted. , Then would follow tho actual cost of troatmonfc o' theso tailings for tboirzino contents, which is probibly from 7s ,to 9s per ton. Although experiments id treatment processes have been proceeding fpf many yean so' far as can be ascertained, nono of tho prooesies succeeded in recovering woro than 75 per confc, of tho nine, and from, 60 to 70 per 1 cont, of the load and silver in those tailings, The current market price of zino'blende stands'pbenoinonally high, namely £27 6s, and never since 1895 for a wholoor full year has zino boen higher than M 17s per ton, ro that speltor is to-day standing at its almost record market prioo, and the question whethor it will long continue at this high price is very problematical. To quote tho gross valuo of the dumps on the price of zin,c, which has \for no one year been reached beforo, is riot giving tho mate fairjuatioo. The converting into metallic zino of those enoruous dnmps i roproßonting close vpoh six million : tons, oannot be expected to havo a hardening effect on the zino market. This also; is an important factor to.be borne in mind by tho mjuagomont of tho different minos when disposing of thpir -products* The distillation of zinc sulphides !b a process of no recent datOi'ttnd in Gotmany and Ainerioo, where ibis process is in U9O for the production of npelter, some o. : toe .best trained metallurgists the world hasevor seenhave been experimenting for years, 'regardless of oxp'onso, in efforts to diioover more realy and okoaper means : oi spelter production from zino sulphides.