LATEST MINING NEWS.
OT\GO. Two miners at Skippers narrowly escaped losing £IOO the other day in rather a singular manner. I appears, according to the ' Wakatip Mail,' that they had sold gold to the amount named, and had received £5 bank notes in exchange— these they took home and planted them underground in a tin box, supposing them to be safe. Shortly after they returned to see that all was right, when to their great astonishment they found some pij;s had been there before them, and had rooted out their concealed treasure with their snouts, and were in the act of destroying both notes and box, one of them munching it in his mouth. The notes happily did not receive any injury. "William M'lntosh, a miner, aged 34, was accidentally killed at the Orepuki diggings, Southland district, on the 27th May, by being struck by a fall of earth while mining.
AUCKLAND. 30,000 ounces of gold were received from the Thames during the last fortnight. The Caledonian is looking as well as ever. Shares are now standing at £176. Thames, £36; Cures, 255.; Junctions, 555; Alburniap, £l-1 The latter has every appearance of turning out a second Caledonian, being engaged daily in turning out quantities of very rich specimens. The Tokatea, and other claims at Coromandel are also turning out very rich stone. The share market is dull. Caledonians are at £ J 75. Other shares are falling. Speaking of the gold fever raging in Auckland the' Southern Cross' says: There is money being made, and money yet to be made in the scrip market. But we are standing on the brink of a volcano, and a wise man is he who prudently retires before the explosion comes.
NELSON. The success of the dredges on some of the Otago rivers has induced the West Coast miners to turn their attention towards this bran -h of mining, and it is proposed shortly to place a dredge a* an experiment on the Upper Buller. Mr. Lowther Broad is said to be the moving spirit, in the affair. An anti-shouting club has been formed at Collingwoud, Nelson. WELLINGTON. Gold is reported to have beeu found in the Manawatu Gorge, Wellington.
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Mount Ida Chronicle, Volume II, Issue 120, 16 June 1871, Page 5
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366LATEST MINING NEWS. Mount Ida Chronicle, Volume II, Issue 120, 16 June 1871, Page 5
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