Plan - New Moon Co

Historical information

This mine was in Sailors Gully; the closest intersection Growler and Crook Streets.
The most successful mine of the Moon Reef was the New Moon Company. The mine commenced operations in 1867, their claim being south and adjoining the Robin Hood Co. Capital consisted of 16 shares of £75 each. In a short time, after only £160 had been called up, payable quartz from a depth of 173 feet enabled dividends of £2,778 ... In 1870 a registered company was formed with capital of £24,000 ... There were two shafts on the lease, each 280 feet in depth, while work had commenced on a new engine shaft and the erection of a winding plant.
The company purchased the Robin Hood's lease and plant in 1878. The Robin Hood shaft became the New Moon main shaft and was eventually deepened to 2,400 feet. The New Moon Company was re-registered in 1886 as a No Liability Company with capital of £12,000 ... and the mine developed into one of the best-managed and most economically worked mines on the Bendigo goldfield ... This company, at the close of 1906 declared its 200th dividend ... From 1878 to 1890 had been lean years for the company when many calls were made to shareholders, while for a period of 6 years the mine was let tributors who crushed 6417 tons for 415 0zs
... dividends were paid from 1892 to 1913
... mine closed down in 1917
Apart from public crushing, the company crushed 545,289 tons of stone during its existence, all dug from its own mine ... yielded 230,601 ozs of gold, and paid shareholders the sum of £377,400.
The former great mine was taken over by the Bendigo Amalgamated Company from 1917 to 1922.
It was re-opened in 1928 only to close in 1932
Later, cyaniders treated the sand, and this great dump was removed from its original position and dumped across the road into Napoloen Gully, where it buried the site of the New Moon Company's original, as it was better known, south shaft.
Source: https://www.mindat.org/loc-98781.html

Physical description

Drawn on blue waxed paper, white text, plan of New Moon mine. Written on top of plan: ' New Moon Co., cross section plan' '40ft to an inch' Marked on plan 'Paddy's Gully, Centre Country.
Plan forms part of the Margaret Roberts Collection.

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