MINING NEWS.

Dominion, Volume 6, Issue 1618, 9 December 1912, Page 10

MINING NEWS.

WELLINGTON SHARE MARKET. '■ There were no' transactions in mining shares on Saturday, and the quotations were as under:— Buyers. Sellers. £ e. d. £ s. d. New Sylvia 0 12 0 13 Ross Reconstructed 0 4 9 0 5 1 Talisman 117 3 117 9 Waihi 112 9 1 13 9 Waihi Grand Junction ...119. 123 Waitangi .- ' — 0 0 9 The Wellington Stock Exchange received the following telegram .on Saturday from the Worksorj Dredge:—Return, 590z. for 127 hours. . The secretary of the Swastika Gold Mines, Ltd., received tho following telegram on i-latiirday from the mine manager:—"Battery started, three faces of stone open, number three tunnel; struck thirty inches good stone, prospects generally excellent." (By Telegraph.—Special Correspondent.) , _ Karangahako, December 7. Owing to a change in the contract system, and consequently a broken crushing period. Talisman Consolidated only crushed and treated 2950 tonn of ore for a yield of bullion valued at £in,2. r 'o 15s. 2d. The costs for the Past month totalled £2 lis., made np as follow:—Minn development, 16s. 4d.; mining, 16?. Bd.; millinc, 15s. <d.: general. 2s. Cd. Sent to London the following pn.Mogr.-un:—"Talisman shaft sunk 15 feet, paid tributers for ore crushed, £275." DREDGING. /' ". Dunedin, Deecmber 8. Worksop, 590z. for 127 hours; Sandy Point,20oz. 17dwt. 6grs. for 128 hours ;-01rie.- : 22ozi. 16dwt.; Rising Sun, iSoz. 17dwt. for- 133 hours; Blackvratsr River. 15oz. for' 123 hours; Waikaka United No. 1, 17oz. 3dwt. for 133 hours; Golden Bed, lfoz. 4dwt. for a week.