MINING NEWS

Dominion, Volume 9, Issue 2667, 12 January 1916, Page 8

MINING NEWS

In the _ mining market yesterday there was nothing doing. Talismans were in request at 15s. 3d. ex dividend, and this was the only quotation. THE HATJEAKI REEFS, LTft Tho mine manager of the Hauraki Reefs reports:—Operations were resumed last Monday, January 3. Stopin? was continued over the No. 3 level, and 251b. pickea. stone was obtained from good crushing i' ,No. -5 level face wae extended and the reef contfniies to ehow cold as the drive advances. A little cold was seen in the reef No. 1 face, but the reef is now small again. As a little water is still coming from the face of the Wyn yard ton crosscut wo intend driving a few feet further before opening out on the quarts a L rea j cu '' This in case more quartz is , ahead. TALISMAN. The mine superintendent of the Talisman Consolidated reports jr-During: the broken period of December the battery only ran four days crushing 430 tons, yielding bullon valued af £5123 14s. 7d. The general annual overhaul started on December 6, and general mining -work continued to December 18, and the cost of all the work is charged against the 430 tons mHled' necessarily makiug coste pier ton vcrV high. VICTORIAN GOLD YIELD. By Telezrapli—press Association -uopyrlght (Eec. January 11, 10,15 p.m.) Melbourne) January 11, I T h ,® sold yie'd lor the year totals 329,063 ouncie. valued at £1,397 844 a decrease in yield of 84,149 ounces.