The Archive · 1901

MINING COMPANIES

These concerns do not give very flourish. ing reports.

At the annual meeting of the Queen's Mines, Limited, held on the 27th instant, the report and accounts were passed unanimously and other formal business transacted, but the chairman said they had come pretty nearly to the end of their funds, and before doing anything further proposed to wait the result of ing of the Eureka shaft by the Ca. to 500 feet, as in the event of their finding anything good at that depth it would materially improve the prospects of the Queen's Mines, The Great Eastern and Celedonian Gold Mining Company, Limited, having nearly exhausted the funds in hand, and the Board not considering the prospects good enough to warrant them making a further call, now propose to liquidate and hare summoned a meeting for the 3rd proximo to consider and, if approved, to pass resolutions for the purpose.

The report for the Punjom Gold Mining Company, Limited, has just been issued, and is not too hopeful, but they have got a new manager and intend to prospect actively.

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account