The Express.
London, England, 1848-10-04 00:00:00

COLONIAL.

CANADA. QUEBEC MINING COMPANY. —A.
Quebec paper gives the following information from ea
authentic source respecting the prospects of this company ea
Lake Superior. The company's mine, nomad Pattenot's, jI
at Mica Bay, :Point aux Mines, 60 miles from Sash Ste.
Marie. Prom Jure last up to 24th August there had bent
extracted and brought to the surface, from Patterson's mite,
1,000 tons vein stuff (ore before it is svoihed and crushed).
As the work progresses, samples of different qualities, is.
eluding the poorest and the richest, are selected every krt,
night, and crushed, washed, and assayed. The average
produce of these !samples, in fine copper, gradually la.
creased from 2 per cent. in June to 6 per cast. is
August ; and, from the greater fatale' for extrudes
afforded by a larger space for working, the vein stuff in-
creased from 100 to 300 tons per month. The averaee pro.
floed ace
copper,o end."in the"u stuff
nil! net ixt raised teshortlyexpected
600 t auto reachper
month.r tent
the present average of 6 per Cat, the quantity already
extracted, of 1,000 tons, will produce 60 tons fine copper,
which, on reference to the last London and New York Ris-
ing journals, will be found, by the former, to be um*
991. 10s. sterling per ton ; and by the latter 22 ants per lb.,
or 492 doh. per ton. '!be expenditure of the company for
plant, &c., has been 43,6801., to repay which it has sufficient
vein stuff (not In anticipation, but actually in sight), to pro.
duce a sum of 142,0001. It will require, it is true, two years
to extract this enormous produce ; but it is satisfactory to
know that the point at which risk ceases in the hazardous
adventure of mining has been reached at Patterson's Mine,
and passed.
NEW ZEALAND.—There are accounts from New
Zealand to the Bth of June. From Wellington, it is stated,
no further disturbances had taken place at Wantmoui, sot
it was now hoped that peace was assured, the hoitile chiefs
having agreed to the terms of arrangement proposed by the
government. Just previous to the departure of there ad-
vice', the governor-in.chief had defined the boundaries of
the provinces of New Ulster and New Munster. A
reward of 2001. had been offered far the 'ppm
hension of parties suppolotl to be British subjects,
engaged in an outrage upon the inhabitants of
the island of Rotuma, in which a native chief was shot
dead. The last Wellington financial returns showed that
the receipts amounted to 9,5221. against an expenditure of
7,0131. Intelligence has been received at Wellogton
specting the massacre of the captain and thirteen of the mew
belonging to the American whaler Triton, at the latter ad
of January, by the inhabitants of Mulgrave Island. The now
settlement at Otago was proceeding satisfactorily. The
emigrants are described as enjoying good health, and con-
tented in every respect with their situation, and tbe locality
is acid to be MI of great beauty. The Scotch mares bad
found freestone, equal to any they bad previously woekedon;
and coal was abundant and accessible.

MAURITIUS.—Advicee from the Mauritius to the
let August mention that, although it is very currently is.
ported that all the arrangements for the re.openiag of the
trade with Madagascar were agreed upon, with the map.
lion of the admission of a British resident, yet nothing off.
dal had transpired.. The government bank was not yet in
activity, and no transactions In exchange reported. The
holders of sugar were not disposed to accept the cured
rates ; a kw parcels bad, howeVer, been disposed of at 3 dolt.
for low qualities, and 4 dole. 25c. for good yellow. The
mime quoted were 4 dole. 50c. for fine yellow, 4 doh. 200. to
4 dole. 30c. for good ditto, 3 dole. 50c. to 3 dole. 75e. for ■lb
dliag, 3 dols.to 3 dot.. 20c. for low. Freights, 31.10„ TY
shipments to the 26th July had 'um 114,288,91011 w, grind
132,084,736115. for the same period last year.