MINING NEWS.
PUKET TIN DREDGING. MINE PROFIT £53,898. DOUBLE LAST TEAR'S FIGURE. ] The tin production of the Fuket Tin ; ] Dredging Company for the year ended « ! December 33 was 639 tons, and the mine i ; profit is estimated at £53.59 5 . according - ' to advice received from London. Th- ' j company is controlled by Waihi Inve-r- ---' | ments. Ltd.. whose share holding was a j valued at £148.333 at the last annu:tl ; j balance. ~ I The mining returns are greatlv improved. the return of tin sliowinc an I increase approaching 50 per cent o n ] ; , ir a ear s total of 442 tons. Tiwing to be:i.-r . prices for the metal, the mine profit <h"ws = /-srea.ter rise, last year s figure of £ - J. 194 being almost doubled
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Bibliographic details
Auckland Star, Volume LXIX, Issue 5, 7 January 1938, Page 4
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123MINING NEWS. Auckland Star, Volume LXIX, Issue 5, 7 January 1938, Page 4
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