MINING.

Mount Ida Chronicle, Volume III, Issue 184, 13 September 1872, Page 3

MINING.

.The new alluvial diggings at Queenscreating great excitement. 1000, are already on the ground. Disturbances arose in reference to a disputed claim, and one man was killed. The diggings are declared to be.second only to Ballarat. G-old lias been found in West Maitland, Victoria.

Three Californian' rriinihg companies recently paid a million dollars in dividends in a jingle month. A large number of miners in Nevada have struck for four dollars a day. The Big Beach, Lower Shotover, is ' again turning out very rich. The Sun Sing Tong Co. have been, it is said on souad authority, making about £9OO a week (?) The Big Beach Co. (Ah Chuy and party) have also just got on the run of gold, and obtained about £l2O last week. The Chinese own all the Big Beach claims, having purchased out the European interests, and thus acquired not only a promising, but an extensive field for their operations.Wakatip Mail.' The Increasing Production of Gold.—-The large increased production of gold in the 1 world is shown by a letto the ■ Economist' by Mr. Thomson Hankey. " During the last ten years," he says, " the export of gold (exclusive of gold coin) from the Australian colonies has not been less than about £17,000,000 oz., or equal to £28,000,000 and the gold coin exported from the same.colonies would add about twenty millions, making a total of not far short of £90,000,090. T.ho export from the Australian colonies during the previous ten years —say from 1853 to 1862 —was at least equal to that during the past teii years ending 31st December last • if so, .the, total, export of gold fr.qm the, Australian colonies since the first discoveries of gold cannot have been much less than £170,000,000 to £180,000,000, and if the export from California during the like period has been only. £120,000,000, we have a gross total p.fnot less than.£3oU,ooo,ooo of gold achjed .to.the stock of gold, in tae world since l lßs2-53. Here is only reckoned the. gold produced in Australia and California ; the production/of gold in other parts of the world previous to 1852 was considered to be equal to from £3,000,000 to £5,000,000 value annually; only reckon it at three millions, there will have been a further addition of £60,000,000, so as to make a grand total of at least £360,000,000, and possibly considerably more, to the gold in; the world before the discoveries of gold in California and Australia." Lake Superior.—We are informed by Mr. Northrup, of Houghton, Lake who has been prospecting in in the districts about . .Thunder Bayj, that the gold-field discovered last fall lies, .from, 70 to 100 ■ miles back from the of . Bay, in a most desolate rocky region, which nothing but gold would_teinpt men to stay in |orsingle, .day. The, gold occurs in pure state and associated with sulphuret of iron, the latter being predominant. But little actual mining ha,s been done in tHe gold veins this win-

ter, o-ying to tho snow, &e.' One party ot 12.:ae:i have gob out" 101 tons of ore, whicii. repeated assays prove fco contain from 5000dols to 70:)0dols worth of gold per ton,