MOUNT MORGAN POLICY
With a view to reducing costs still further, the directors of Mount Morgan, Ltd., are considering the establishment of a smelting plant at the mine at Mount Morgan CQ.). At present the company sends its concentrates to the United States for smelting and realisation. The general manager of the company (Mr. A. F. McAskill) will leave Sydney for the United States next month, where he will study the latest methods of smelting, and will investigate the most modern methods of mining. A substantial reduction in smelting costs, together with the increased production being won by the company since the new oxidised ore treatment plant and additions to the sulphide mill were effected, should have a marked influence on profits, provided that prices of gold and copper remain round their present levels.
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Bibliographic details
Evening Post, Volume CXXIV, Issue 60, 8 September 1937, Page 14
Word Count
134MOUNT MORGAN POLICY Evening Post, Volume CXXIV, Issue 60, 8 September 1937, Page 14
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