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MINING ITEMS.

At the Freestone Creek diggings, Gippsland, many of the miners have been making from 20/ to 25/ per week each. The increase in the gold yield of New South Wales is attributed to the increased use of machinery on the gold-fields. Among the miners of all nations at work on the South Australian gold-fields, are some Affghans. The Ballarat Conner asserts that 5120 companies have sprung upatSandhurst, asking for capital to the amount of 19,000,000/. Perhaps one of the quickest rises in mining stock that we, Bendigo Advertiser, have had to record, is that which took place in Catherine Reef United, Sandhurst, which rose in about half an hour in the evening from twenty-three shillings to,thirty-four shillings At the Gist figure the value of the company - would be 74,440/, at the latter 112,520/; the total increased value in the short space of a little over half an hour being3B,oßo/. Some thousands of pounds were made duiing the Vi “run.' 1 W The first crushing of quartz at Saddle Hill, from what is known as Christie’s Reef yielded about 11 dwts to the ton from 33 tons. Mr. Warden Simpson in his official reports from the Tuapeka District, refers to the now work commenced at the Beaumont River, which he describes as a large race to carry a supply of water to work the spurs on the West side of the Tuapeka River. The race will be some 40 miles in length, and capable of carrying 20 to 30 sluice heads of water. This is one of the races that w> re suggested to the Commissioner on Wa er Supply, as a very desirable undertaking for Government assistance, and 1 think the fact that it is now being carried out by private individuals bears out the testimony given to the Commissioner.” At the Serpentine diggings, work is being now vigor usly pushed on, the heavy snow having for the most part disappeared. The month’s yield of gold on the Thames gold-field, is 15,155 ounces, from 8080 tons of stone. Of this the Caledonian claim yielded 4740 ounces, the All Nations, 1135; and ‘he Nonpariel 850. 2000 .ounces were obtained from tailings.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DUNST18711110.2.9

Bibliographic details

Dunstan Times, Issue 499, 10 November 1871, Page 2

Word Count
362

MINING ITEMS. Dunstan Times, Issue 499, 10 November 1871, Page 2

MINING ITEMS. Dunstan Times, Issue 499, 10 November 1871, Page 2

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