The Moanatairi Mine.

Thames Star, Volume X, Issue 3210, 3 June 1879, Page 2

The Moanatairi Mine.

The Moanatairi Goldmining Company's mine is at the present time the premier mine on the field. Within its boundary liiics it comprises a larger area of ground than any other company, and its gold produce has been exceedingly satisfactory. During the 11 years of its. existence the total of the gold obtained is 136,6850z5. For this 127,436 toss of quartz was crushed, so that the quartz all through has averaged brer one ounce per ton. The mine finds employment for orer 200 hands, including tributers, and the fine 43-stamperr (battery employs about .25; more. The total value of the dividends declared to date has been £116,308 2s, and there is a reserve fund of £5,442 10s. The workings of the mine are very extensive, and are all laid out and constructed in a workmanlike manner, while the comfort and safety of the men is vigilantly attended to. Several of the tribute parties are paying handsomely. Last month Williams and party obtained over 400os8 as the result of their month's labour. During kit year, all through the tributers averaged 30s per week wages per man, which, is a very high average considering the few prizes and many blanks in the great lottery of gold mining. The mine is under the charge of Mr Robert Comer, and has been so for the past five years. During that time he has given every satisfaction to the shareholders and directors from the assiduous manner in which he attends to their interests. The average amount of gold received per ton crushed is loz. ldwt. lOgrs., and dividends amounting to 30a for each ounce of gold obtained has been paid to the share? holders. ' .; l^