Now South Wales Gold-fields.

Cromwell Argus, Volume III, Issue 141, 23 July 1872, Page 7

Now South Wales Gold-fields.

The Sydney Mail of June 15, gives the following particulars of the progress made by the gold-fields in New South Wales : As the year progresses, so the yield of our I gold-fields increases ; and the returns for the | past live months compare favourably with ; those of any similar period since 1803. ' When the yield of the gold mines of this colony first commenced to fall off, the decrease continued until 1807, when for a time it reached its lowest point, and then, during a period of five years, continued increasing. In 1862 the yield reached its maximum, and then, for seven years, the returns became gradually loss, until in 1870 the production was only about 35 percent, of what it was in lS(i'_\ List year marked the inauguration of a new era in gold mining ; Gulgoug became added to the list of gold-fields, and the wondrous wealth of Tambaroora began to claim public attention. Since the present year opened, the escort returns have been swelled by the J discovery of fresh sources of auriferous | wealth, and others are being made known I every other week. Tf we except the rich c'ahus on Hawkins' Hill, the works in nearly j all the reeling districts are not as yet of a |pi ogressive character, though at many of them immense quantities of gold-bearing stone are at grass, awaiting the erection of ; crushing machinery. The increase exhibited i by the figures below is large and satisfactory ; I but if the latest reports from the gold-fields are not largely exaggerated, there will be a ; still greater improvement to notice ere the i year draws to a close. In May, 1871, the total quantity received per Government escort was 15,812 ozs. Last month's receipts , were 35,767 ozs., of which 30,280 were from the Western districts, 4851 from the Southern, j and 636 from the Northern, bringing up the j aggregate receipts for the past five months to 153,865 ozs., against 91,3ft2 osf. for the eoxI responding period of 1871.