MINING NEWS

Dominion, Volume 7, Issue 2123, 15 April 1914, Page 10

MINING NEWS

• QUEENSI/AND' MINING.'.' ' In a. review of the mining industry of Queensland for the year 1913 the ■Undersecretary 'for-Mines of that State points out that'tho va!ue.:of .lnincrals other than gbld;prpduced ins more '.than, double that •of ,thb' precious ,'metal won, ,the .totals being £2,72?,1U and £1,126,768, respectively. The aggkeatc "Value Of. all .minerals.'.produced is given as : £3,857,881, which; when compared 'with the total for 1912. .represented e, decrease of i! 317,474. Tlie'decline in the gold yield for the year wss £349,210. ■ This decrease is regarded as Eirious, and the opinion is expressed that, "in the absence of fresn discoveries to compensate for the waning productiveness of the older mines, it will probably continue." Offcial records show that the trend of cold production in the northern ' State has been consistently downwards evel since 1903'. In that year the Quantity obtained from the-mines-was 668,5!;6 fine oz., whereas tno total won in 1913 was only 365.735 fine oz. The aggregate results of goid mining in the State to the end of 1913 was a,' yield of 17,973,674 fine oz., the value of which amounted to £76,347,265. The period 'of most abundant production extended from 1897 to 1904, during which the yield fell onlyVonce-in 1901 —below 6C0.C00 fine oz. Tho..copper yield last year is stated as 23,655 tons,: valued at £1,660,178, a3 againet 23,120 tons/worth £1,698,280, in 1912. Of silver; 604,9790z.,'-val-ued at £68,438, was obtained, both totals showing improved movement from the 1912 levels. Load - production ■ was 3603 tons, worth £65,683. 8.- compared with 3107 tons, valued at £55.667. in the preceding year, whilst tho coal yield was 1,037,944 tons, of a ralue of £403,767. as against 902,166 tons and £338,264 in 1912. MONTEZUMA. Private telegrams received in Wellington from the manager of the Montczuma Company state' that no damage has been done-, to the niine or the working by the floods on the "West Coast.