MINING NEWS.

Dominion, Volume 3, Issue 793, 16 April 1910, Page 7

MINING NEWS.

WELLINGTON SHAM; MAKKET. Vory few transactions were recorded yesterday, and oven Waihia did not chaniro hands, altlionuh the cmotationn were low. Waihi Grand Junctions experienced a lurther fall, and were sold down ™ 2 ?!' M " Taliemane woro eiiiot at, about *3 12a. 6d. Waitangis continue in firm domand, and are comparatively difficult to prooure. The business done yesterday waa as under:— Old HauraW, 3s. 4d.. (first .call).' Talisman 525. 6d. (first call). ' call" an Junction . 28s. 3d. (tliird S^L^, 33 ' (third call >' Roas Goldflelds, Bs. (third call). QUOTATIONS. Buyers. Sellers. Bale! Kuraaid Caled'n ... *'-"• i\% 1 May Queen 0310■ 04 0 - Maonland 0 0 6 _ NZ Un ft!? KiDe ~ °°" ~ K&£?£ I l\ n s ~ Saxon ■ 0.16017 — Tairua. Broken Hills - 0 12Tictola 0 . ™ l Y\\ 212fi Waihi . 90 (1 Q i fi ~" B&tr:;r°i 3 \&\ 013 Con. Goldftelds 10 6 li 3 _ Progress 014 5 n 'IS S — Boss Goldßelds Hi 0 8 3 0 8 0 stock: exchange. (By Telesraph.-Fress Association.! May Queen, <la., 3a. lid.Victoria, la. 3d., Is. 4d. Hauraki Freehold, 6d. Haui-aki, 3s. 4d. , grown,. 45.-81, 4j. Id. . Talisman. B3a. iS. . Waihi, £9 25., £9 ls. ; 6d. > Grand, Junction, 295. to 275. 9d Bevonport Steam, 325. . •.■ The following sales were reported on the Saron, Is. 7dl ■ Old Hauraki, 3s. sd. to 3a. 7d. Jjsatiawii, lid.. .•■■:. • , . Grown, 3s. 10d., 3s: Bd., ! 8 . 7d. Tairna-Broken Hills, 2s, 2d. ; Tairua Monarch, 2Jd. Talisman, 63e, 6d. ; Waihi,. £9 2 8 ., £ 3 la , 6d , 28a ;> 27 e . 9d.. 2SS. .. V

CONSOLIDATED; GOLDFIELDS OF NEW . ZEALAND. LIMITED, . ;

GiSfiA™ 6l^ 1 mam «<? °i *he Consolidated «ronp reports operations for March on its !hirprSer?y hOre U"° ° hanee to reDort '«- e : a a fe-t^r^u? aboui 7?t Vk Ut ls \ somewhere s jesr^o 2 bs b ~«uno «599 16s. IM.: Thecyanido and' slimej niut,• treated 1340 :tons, vleldins 1980z., yalued at £654 14s. 2d, •■• ■ ' . .Progrees.-The various: aovolopinent works have.been continued, but thoi-e are no disclosures of importance. Stopeu aro ookins well. Early in the month SI Sim- X m ? r0 « sor .partially b roko down since .-which time it has been possible to I Vfu" l^ 0, ." cylinder. ■-■ This has reduced the .borini? plant to Aor machines coneoquently, development { and drivinc tootaps have been very small. However. .H?a "SP.Uf'te 'parts:aro now in tranaitu, and will .bo fitted by about the middlo oi liie month; ■ - , -

Since affecting the alterations and' im- ?.« 0 J a, ? entß to ' th P, s ™elter, this iilant hna ■;vrorked wy ofttisfaotorily indeed, ■ Bo' muon.Eo, that tho sUrs are now a-rorar-ing only lmvt. per ton in value. ■ >J!ha steam plant has been ooxipled up to the which, will -prevent -the of diverting power'from the patt«ry,'Bhaft. lTio monthly output 'is. as foUowa:-Tho .battery crnsheU. 4354,t0n5, yieldins UVoz, Udwt., value.£s96s 2s. 3d.: 2045 tons were °t a Producin? .3« oz. lldw.t.. valued tt t £ ? 8 . 0s ' . 3d; ' whil? the estimated value of sulphurets produced by smelter'is £6SB BlaeUwater.-The developments and output for this property maintain their reeular and satisfactory standard. Durine tho month.of Jiaroh, rain was more plentiful than in the previous months. This, of oourse, cave increased water power, ■ and in direct consequence the full complement of stamps were dropped at tho' maximum speed, arid the tube mill ran almost without interruption. These factors have of course, materially increased the output as compared with drier months. ■ Tho main shaft was extended a distance of '22ft., and the bottom is now 16ft. bolow the pito of No. 4 chamber, and the chamber is now boine - cut. Upon completion of thiß work tho crosscut will bo extended. Auxiliary Power suction gaa plant and oharcoal retort are now at the battery site; and overythine is in readinoss to proceed with the erection. • / The. monthly output is as followsV-The battery, crushed 3201) tons, yielding 1650 0z.,-valued at £6809 .6s. 7d.; -2050 tons were treated by cyanide, producing .lOßoz. value at £214:135. 10d. •