MINING INTELLIGENCE.
Mining operations throughout the district may be said to be in a state of stagnation, the late frosts having precluded all works requiring the use of water. The low escort from the Arrow district for the last month—4s7 ounces—goes to show that the mining interest is now suffering a temporary depression, from which we trust it will soon revive. Everywhere has King Fro-t asserted his supremacy, and there is nothing for it but a patient waiting for a more congenial season. A gentleman just returned from the Upper Shotover informs us that in that region the frost has been something to remember, and in many cases the tracks are mere sheets of ice, rendering travelling anything but safe. He says Pleasant Creek looks almost deserted since the Shotover Company knocked off active operations. The deep ground—which it was last week reported by the local directors was to be thoroughly tried—has, our informant says, been abandoned, and the syphon taken up, the few men at work being engaged on another part of the ground. Altogether things have not looked so bad on che Shotover for a length of time.—The Arrow River Company’s pumping operations are still going on satisfactorily, although the severe frosts cause a somewhat limited water supply, not allowing of full power being used. Sinking is therefore proceeding but A prospecting shaft is now being sunk in another part of the ground. It is down some twenty feet, and the indications of gold are favorable. There is not much water to contend with, and Mr Elliott thinks that gold will be obtained in sufficient quantities to pay the working expenses of the Company. Old residents say that at this spot good finds were' made till the parties were overpowered with water.—Prom the Nevis we learn that work has been suspended en that field for a month or two during the most severe portion of the winter. Mostly all the European parties have done exceedingly well there daring last season, and are now in a position to take a spell, and enjoy the proceeds of their labors. We are informed that at the lower Nevis there are few who have averaged less since Christmas last than L 5 per week, and in some cases more than Ll4 a man per week has been divided. The Nevis promises a fair field for a large influx of miners during the coming summer.— ‘ Arrow Observer.’
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Evening Star, Issue 3549, 8 July 1874, Page 3
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404MINING INTELLIGENCE. Evening Star, Issue 3549, 8 July 1874, Page 3
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