SOME 70 miles south-east of the of Auckland lies the town of Waihi-the centre of the Waihi goldfield, at present the mining pride of New Zealand. That the glory of most mining camps is evanescent forms an axiom to which it may be expected Waihi will prove no exception. For the last fifteen years, however, Waihi has been an important gold-silver producer, with an annually increasing output, so that now the area ranks as one of the leading goldfields of the world.