THOUGHTS FOR THE TIMEB.
MINING PRODUCING ACTIVITIES. “Now Zealand is on the verge of a resuscitation of gold and other mineralproducing activates,” stated an experienced mining engineer to a “Dominion” reporter recently. “This will he brought about through the fact that it is now possible to extract every mineral and metal contained in ores. Mt. -Lyall is already utiliang sulphuric acid derived from ore concentrates in the manufacture of superphosphates, and the hulk of the profits from that mine come from that branch of is operations. The Hauraki goldfields contain millions of tons of refractory low-grade ore of a value of from odwt. to 12dwt, It may, not be long before numerous companies spring up in the Dominion to develop the latent wealth contained in New Zealand’s low-grade ores. The Companies Act will need to be revised to facilitate the cheaper formation of these companies.”
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Hokitika Guardian, 1 May 1929, Page 4
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145THOUGHTS FOR THE TIMEB. Hokitika Guardian, 1 May 1929, Page 4
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