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DECREASE IN GOLD OUTPUT.

DDE TO THE WAIHI MINE. By Telegraph—Press Association. Auckland, Last Night. During the year 1911 the returns from gold mines in Auckland district represented a total value of £1,137,965, a decline of £197,716 on the output recorded for_l9lo, when bullion to the value of £1,335,682 was won. The decrease is accounted for by the unsatisfactory nature of the development in the Waihi mine necessitating curtailment in the quantity of ore treated, this resulting in a decrease of £252,456 in output from the mine last year as compared with the output for the previous year. The returns from the Waihi Grand Junction, Talisman, and New Zealand Crown mines show substantial increases, and thus materially lessen the deficit caused by the falling off from the Waihi mine The sum of £197,716 l«s represents the actual, deficiency in the output for the last year's working in the whole of the mines in the Auckland district.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19120201.2.50

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume LIV, Issue 183, 1 February 1912, Page 5

Word count
Tapeke kupu
156

DECREASE IN GOLD OUTPUT. Taranaki Daily News, Volume LIV, Issue 183, 1 February 1912, Page 5

DECREASE IN GOLD OUTPUT. Taranaki Daily News, Volume LIV, Issue 183, 1 February 1912, Page 5

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