C.—2.

(2) Dbedge Mining. The following is a statement showing the capacity and production of bucket gold-dredges and dividends declared by dredging companies during 1933. (Note. —The dividends declared by privately-owned dredges are not obtainable for publication.)

The Goldfields (formerly the Golden Terrace) dredge was worked by Messrs. Sparrow and Sons, of Dunedin, from the Ist January to the 7th August. During that period 874 oz. of gold, valued at £6,567, was recovered The dredge was then taken over by Goldfields Dredging Co., and, to the end of the year, won 390 oz. of gold, valued at £2,551. With the Upper Nevis dredge the old company won 164 oz. of gold, valued at £1,018. In August another company took over the dredge and made extensive alterations to it, renaming it the Nevis Diesel electric dredge. Dredging operations were resumed in March, 1934. The Nevis Crossing dredge was not worked during the year. It was purchased recently by a small syndicate and is being overhauled to work some virgin ground left by former miners. The Freshford dredge commenced operations in March, 1933, in shallow ground. Returns have been poor, and further boring is to be done ; 472 oz. of gold, valued at £2,956, was won during the year. The Mataki dredge, in the Murchison district, was first operated in August, and, until the end of the year, had been worked for 2,196 hours, yielding 530 oz. of gold, valued at £3,421. The Riinu dredge put through nearly three million cubic yards of material, from which 14,673 oz. of gold, having a New Zealand value of £110,671, was obtained, or 9-01 d. per cubic yard of material treated. The average cost of treatment, including depreciation and overhead expenses, was 4-92 d. per cubic yard. The Brian Boru dredge was put into commission early in the year and yielded 1,000 oz. of gold, valued at £7,212. The Five Mile Beach dredge worked almost continuously throughout the year, and won 3,942 oz. of gold, worth £25,637, at an average cost, including overhead expenses, of 4-2 d. per cubic yard treated. (3) Alluvial Mining. The following is a statement showing the value of production of, and dividends declared by alluvial gold-mines during 1933 : —

19

Ô.2 M f-* '02 -rrt W),Q "g ® ® «g © •gg -g g-g, Dividends declared. 0.2 q'S ® H J| Quantity and '' ' ' Name of Dredge. Locality. o«* o£?«j o I'S'S qu Value oi Bullion Sis.2 •a E «a obtained during . , . «fl8 fifg B% §?g 1933. During to |Sfi |ia I I III |5 1933 - 1933°' O >5 S <tj Otago and Southland. Ft. oz. £ £ £ Ereshford .. .. Freshford .. 6 10 32 S 21 472 2,956 Upper Nevis.. .. Upper Nevis .. 7 10 205 E 20 164 1,018 Goldfields .. .. Shotover River .. 8 18 305 E 20 1,264 9,118 .. West Coast. Rimu .. .. Rimu .. ..12 19 325 E 50 14,673 110,671 11,819 36,441 Five Mile Beach .. Okarito .. 5 10 .. H 20 3,942 25,637 14,000 21,000 Brian Boru .. .. German Gully .. 9 20 250 E 45 1,000 7,212 Mataki .. .. Murchison .. 7 20 120 S 15 530 3,421 Totals, 1933 .. .. 22,045 160,033 25,819 Unknown Totals, 1932 .. .. 17,660 110,529 7,000 Unknown

Dividends declared. Name of Owner. SJalneo, . During 1933. Total to End ol 1933 £ £ £ Mahakipawa Goldfields, Ltd. .. .. .. .. 7,885 Addison's Flat Gold-mining Co. .. .. .. .. 1,453 812 812 Addison's Exploration, Ltd. .. .. .. .. 103 Charleston Sluicing Co. .. .. .. .. 559 Waitahu Sluicing Co. .. .. .. .. . . 251 Snowy River Sluicing Co. .. .. .. . . 398 Mount David Sluicing Co. .. .. .. .. 1,612 Bell Hill Sluicing Co. .. .. .. .. .. 1,928 Deep Lead, Ltd. .. .. .. .. . . 148 Golden Sands, Ltd. .. .. .. .. .. 5,049 1,800 1,800 Hohonu Gold-sluicing Co. .. .. .. .. 1,193 Stubbs, Steel, and Ford . . .. .. . . 753 Callaghan's Gold-mining Co. .. .. .. .. 774 Lawson's Flat Gold-sluicing Co. .. .. .. 3,595 King Solomon Deep Leads .. .. .. .. 28,304 9,750 9,750 Nokomai Gold-mining Co. .. . . .. . . 4,235 Paddy's Point Gold-mining Co. .. .. .. .. 4,148 1,396 1,396 Sailor's Gully Sluicing Co. .. .. .. .. 3,627 1,890 12,875 Gabriel's Gully Sluicing Co. .. .. .. .. 1,524 1,800 22,375 New Gabriel's Gully Gold-mining Co. .. .. .. 446 Kildare Consolidated Gold-mining Co. .. .. .. 2,651 1,000 1,000 Central Shotover Gold-mining Co. .. .. .. 2,049 Moonlight Mining Syndicate . . .. .. .. 1,939 1,200 3,580 Bell-Kiigour Gold-mining Co. .. .. .. .. 2,420 Bell-Hooper Gold-mining Co. .. .. .. .. 8,417 Fourteen Mile Beach Gold-mining Co. .. .. 1,076 Macrae's Flat Gold-mining Co. .. .. .. .. 1,867 Terrace Gold-mining Co. .. .. .. .. 1,965 Round Hill Gold-mining Co. .. .. .. .. 986 All other claims .. .. .. .. .. 126,499 Total .. .. .. .. 217,854 39,648 Unknown.