MINING NEWS
NEW GUINEA GOLDFIELDS EXTENSION OF OPERATIONS New Guinea Goldfields, limited, advises that the treatment mill is nearing completion, and production is ejected to start early this month. From this source it is estimated there will be an annual profit of about £200,000, Australian currency. Tiiis is in addition to profit from alluvial production. The operating profit for May was £9584, Australian currency, 31150z. of bullion being produced. The alluvial production for Juno was 33960z. of bullion.
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Bibliographic details
New Zealand Herald, Volume LXIX, Issue 21249, 1 August 1932, Page 5
Word Count
78MINING NEWS New Zealand Herald, Volume LXIX, Issue 21249, 1 August 1932, Page 5
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