MINING YIELDS.

Auckland Star, Volume LXXII, Issue 3, 4 January 1941, Page 4

MINING YIELDS.

FIJI MINES' PROSPECTS. Production and development results ol Loloma (FIJI) dole! Miups iN.L ) lor the year were highly satisfactory, said the chairman. Mi. P. F. Co:iy, in the imnu.il n-criin:. at MeiboMnie. Mr. Cody said ;hat Murchclrters could iear,omib.y look loruard to many years of successful production from the field. The combined positive unci probable ore reserves, both in tonnage and Hue sold content on oi'^'.tJl'lu ,1 ' '1 exceeded tho I relative figures on July 31. 1937. before the I beginning ot milllriK, although u:i.:if> ions hnd been extracetl ior move thtiii tour tons ol gold bullion, valued a; £1.24;i.591 i Aus' raliar 1. '1 he belief thai oetene lons Emperor Mines. Ltd . I would resume payment oi dividends was expressed I by (lie chairma:i. Mr. Wallace Smith, at the I annual meeting ol the company i" Melbourne Mr. Smith said that normally a dividend would have been declared ;il November, but the expansion ot operations on ihc Meld ami accumulations ot larger mocks, spares and stoves, had temporarily reduced Ihe funds available :or distribution The Ngahcre relurn for December is CC3o/. from 313.14S cubic yards in 416 lio-.ir.s. burin- UerAnbcr the Barryio-.wi dredge twesi Coast) returned 536 ounces for -IG7 hours and 252 000 vords. Kanirri lOfil ounces —," 4. r .9 hours and 251.000 yards, and Aiahurn 7!7 ounces for 520 hours and 307.000 yards.—Press Association.