GOLD PRODUCTION
AN INCEEA.SE KECJESSAHY.
The decrease in gold production ita's mentioned by the chairman of directors of the Hank of New Zealand yesterday. The' output of gold within the Empire lmd been shrinking, duo partly:to the shortage of liibour, and partly to the' increase in the working costs, so that a- Rtnßf hasbeen reached where (he oneration of low-grade mines.was linprontnble, wiid Mr. Heauchainp. Thore had been no increase in the price of gold,' and the position was 'therefore unsatisfactory. , No official figures of tho output of gold in New Zealand had been 'furnished for snmo lime, and the embargo on publication etill held; but ll was quite obvious that, New Zealand's gold mines had been producing very much less of tho yellow metal as compared with tho pre-war period. Jt had been stated last mouth that the Minister of Mines intended to init forward fresh policy proposals to revivo tho wining industry. The Minister had a conference with mining representatives at J.lokitikn on May 11 and 15. and it was to bi> hoped that some reasonable and effective steps would be taken lo impart new life to the industry, for there was likely to be a great demand everywhere" for gold presently.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19190614.2.85
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 12, Issue 223, 14 June 1919, Page 10
Word count
Tapeke kupu
204GOLD PRODUCTION Dominion, Volume 12, Issue 223, 14 June 1919, Page 10
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in