Mining News.

Te Aroha News, Volume XVI, Issue 22211, 10 March 1900, Page 2

Mining News.

The following, shows the- export of gold during.the month of January for the past four years: 1897, 24,965 or., value £98,592; 1898, 25,763- ox., value £102,766 ; 1899,. 33,249 02.,. value £130,207 ; 1900, 38,289’ or., .value £15*1,489'. It has been* announced that the directors of the Waihi Gold-mining Company about to declare a dividend .of.2s 6d per share, bringing. tha total amount up to £476,500 paid to- the fortunate share-holders in this great ■ mine. When there-were only 160,000 shares in the company the usual 'dividend was 2s per share for each .quarter, A couple of years ago tho number of shares was increased to ; 320,000, and the fact of the directors •being able ’to declare half-a-crown dividend on the enlarged share-list is ;apparently quite justified by recent developments in. the mine and the ; great increase in milling-power at Waikino. From 1890' to the- 3rd FebruarwiSOO, the total value of the from the mine realised £1,218,659 10a 2d. • A visitor to- this colony from British Columbia, where he is largely interested hr;hydraulic muting, was nna»Fu [struck with tho completeness of the gold-saving tables- erected _by tho managgr'-of ” the Round Hill GoMming Company, near Orepukr. He s f ated they vrer& the l best he had seen ! in any part of the world. The gold at. Round Hill ancTOrepuki is very fine, and it is highly probable that 'funny of the working parties at Orepuki are losing a large percentage of owing to the inefficient methods adopted for saving the gold. If these parties were to appoint delegates to diseuss some plan of co-operative working a better sy-tim might be evolved, and present losses turned to profitable account.