MINING.
AUSTRALIA'S MINES. By Cable —Press Association—Copyright. Received 28, 7.15 p.m. Melbourne, November 28. The Mount Lyell Company's half-year-ly report shows a net profit of £106,749. £Che credit balance to profit and loss account is £550,503. The purchase of the Comstock property has been completed at a total cost of £18,176. Referring to the North Lyell disaster, the report says that no estimate is possible of the probable financial loss, which was entirely uninsured. The occurrence was serious, having been regarded as an impossibility. At the Broken Hill Block X. half-year-ly meeting, it was stated that, including a dividend of 2s, payable next month, the .totally paid in dividends was £1,280,000.
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Taranaki Daily News, Volume LV, Issue 165, 29 November 1912, Page 5
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111MINING. Taranaki Daily News, Volume LV, Issue 165, 29 November 1912, Page 5
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