MINING.
Work at Tui has been resumed. The prospects are said to be good. The gold fever in Te Aroha still continues, and several prospectors and speculators have arrived, which gives promise of a good move in the near future.
The contractor has commenced the work of clearing the Stoney Creek track. Messrs Michael and Rycrofb, of the Stoney Creek Prospecting Syndicate, are doing good work and ■are getting a little, gold. A small leader carrying rich gold has been cut. The drive is now in about 90 ft., and they daily expect to cut the reef. The Waihi new battery is getting well advanced under the able charge of Mr Geo. Beeson. Mr Lynch, a carpenter, unfortunately slipped off a ladder or “ trod on the end of a plank ” and sustained injuries of a painful character. Much sympathy is expressed for him, as he was only working a week. HAURAKI.
The phenomenal success which has attended ..'operations in the Hauraki mine stfll continues, or rather improves, as work progresses. During the past week very rich golden ore has been coming to hand at each breakingdown at the 100 ft level, and there is every prospecFof it continuing for a long tim§ to come. There is gold above, below, and all around, and the spectacle is something- really magnificent and has seldom beeD equalled, and I believe never excel Led in the annals of gold-miuing in this colony. The run of gold has been proved for nearly 200 feet along the line of the lode, and does not show the least sign of tapering off. The main shaft is now down 50 feet below the 100 ft level, and at the same rate of progress within a week or ten days it should be down the distance at which it is intended to open out from. During the past few weeks about 40 tons of general crushing material and a ton of specimens havo been treated at the Kapanga battery for the magnificent return of 55000zs of melted gold. The minors in Liege, Belgium, have gone out on strike. Frequent collisions took place between the strikers and the police and eventually the police had to fire on the mob, with the result that many of the latter were killed.
The Charters Towers mines in Queensland, which, according to the market value of shares at buyers’ quotations, were worth £1,313,854 in ,February, 1894, are now on tho same basis worth £3,353,003, or nearly double the amount. .
Another gold producing'country— British Guiana—is coming- to the front. The knowledge of the presence of gold in that colony is rapidly becoming diffused outside of the charmed circle in which it has hitherto been kept, and greater attention is now being' seriously paid to this Colony. It now appears that that Colony, distant only 14 days from England, in addition to gold ore of the highest quality, possesses all the other natural features necessary for the most profit - able working of the same, in such measures as have never, before been found, t in conjunction, in any other gold-producing country. Goods, it is said, have been actually,delivered at a mine, landing on one of the great rivers which intersect tho country, at a total freight cost of £3 per ton from England. Other countries have had to pay from £25 to £l5O per ton fvr the same service. '
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Te Aroha News, Volume XI, Issue 1727, 3 April 1895, Page 2
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563MINING. Te Aroha News, Volume XI, Issue 1727, 3 April 1895, Page 2
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