MINING INTELLIGENCE.

Evening Star, Volume III, Issue 836, 10 January 1866, Page 2

MINING INTELLIGENCE.

The Dunstan Times of the 6th inst. says : We have had another heavy flood in the Molyneux. The heavy rainfall on Wednesday night and Thursday morning caused the river to rise rapidly, till it attained a level within about two feet of the great flood in July, 1864. The coalpits are all filled to the brim, and our supply of fuel is once more cut off. In all probability the season of floods is now over. The amount of snow left on the ranges is very small, so that we may fulley expect the river to reach a low level within the next six or seven weeks.

In mining matters there is very little doing— The Christmas holidays having interfered with nearly every description of work. However, from the present time we may look for a general resumption of operations. Drumming and party at Alexandra, had a first rate washing up. Fourteen weeks work produced 540 ounces of gold. Several other parties have now started sluicing on the banks oj the Manuherikia River, since Drumming and party have proved that the ground is highly payable. A new company, the “ Urora” has just been started at Bendigo Gully. They have commenced a race from No. 2 Creek near Quartzreef Point. When completed to Bendigo Gully, its length will be about ten miles. Kittelty and party are also cutting a race in the same place, which, in a very short time, will be amply supplied with water. The Wakatlp Mail of the 3rd inst. says : ‘ ‘ The holidays have put an entire cessation to work during the past week, but at the date we write the miners are again actively “ setting in” with a continuance of the present seasonable weather. Acm respondent, upon whose report we can rely, has favored us with the following remarks about the Upper Shotover district : “I was must pleased as I passed up the Shotover with evidences of progress of a very satisfactory nature. In all quarters the miners wed satisfied as could be expected, their great annoyance seemingly to be the high price of provisions, consequent upon the bad state of the roads. As far as mining is concerned, perhaps I cannot give a better illustration of the present prospects than to say I was informed, upon good authority, that the dividend for some six weeks’ working in the Aylmer and Mountain Race Co. has been £SO per man. ‘ ‘ As to the reefs my opinion is most favorable. The whole formation of the country is most favorable to their permanency. One can hardly speak too glowing of them, but experience tells me that in a quartz line some “duffers” amongst the various claims must exist. I was also convinced that the reefs' would never be remuneratively worked without the assistance of capital. I found many who preferred to retort to every plan to hold individual small interests in the hope that some one might erect a quartz-crushing machine. The only excuse I can find is the staring fact that the reefs are so rich and tempting that few like to part—unless compelled—with their interest, and at the remote region they live in, they hardly understand the advantages of joint-stock companies. ”