MINING NEWS.

Dominion, Volume 2, Issue 542, 24 June 1909, Page 10

MINING NEWS.

;■ THAMES DEEP LEVELS. (By, TelcEraph.-Prosa Association.) V, . Auckland, June 23. . Mr. ,David Ziman, managing director of tlie Consolidated; Goldfields Company,; of Eeefton has been in' Auckland during last week ivith the object of laying before those: interested a soheme.for the consolidation of the whole'-of tho Thames field so far as the deep levels are concerned. His plan was to form a large English company through tho. Consolidated Gold-' fields .Company. Mr. Ziman has been round the Thames field, and satisfied .himself of , its possibilities. ■' Ho has also, approached some of the;chairmen and directors'of tho different companies on tho subject. Finding, however, that at the present timo a deep levels scheme appears to bo on tho verge of formulation by which the companies will exploit--..the deep levels themselves if Government assistance'can be obtained, Mr. Ziinan did not think it advisable to. compete against tho local scheme' 1 If, however, the latter falls through, it is his intention to visit .the Thames again'in connec. ' tion with his own proposal. WAIHI MINES. _ , . ■ Waihi, Juno 23. Kocent developments in tho Maorilaiul mine have disclosed'very rich ore, and' presont prospects are particularly good. The mine manager ' reported to-day that gold, was showing freely. Tho Grand Junction crushed and treated 4645 tons of ore for a return of-bullion valued at ,£0503. • Tho. Empire lodo at. No. : 5 level continues to open up well. ' . .STOCK EXCHANGE. (By Tclcgraph.-l'ress Association.) _ ' Dunedin, Juno 23. Stock Exchango sales:—Hartlev and Rilev iCl'ls. 6d.; Island Block, 35.; Waihi Extended Gs. 9(1.; Waihi Grand Junction, £2 ss. 3d.; ,£2 6s. 3d. Sales roported: Waihi Extended, 'Gs. 7d. (two parcels); New Zealand Drue. Jtt 6s ' OcLj "Otago Daily Tiuiw," £22.