Hamersley Quarter
(N.Z. Press Assn. —Copyright) SYDNEY, April 22. Hamersley Holdings, Ltd, made an unaudited group profit of $2,805,000 for the three months to March 31.
Depreciation provision amounted to $2,111,000, and future tax provision came to $1,434,000. Outstanding loans from North American banks came to $U5121,783,150. Total high grade ore crushed and delivered to stockpiles came to 1,863,624 tons, and ore shipped, 1,720,927 tons.
The March production was affected by a planned plant shutdown during the second half of the month to commission additional crushing and screening facilities as part of the expansion to an output of 10m tons a year.
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Bibliographic details
Press, Volume CVIII, Issue 31661, 23 April 1968, Page 23
Word Count
102Hamersley Quarter Press, Volume CVIII, Issue 31661, 23 April 1968, Page 23
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