MINING NEWS
YIELDS OF COMPANIES Four toon Mll o llcach (Ota go).—A wash-up last week resulted in a return of .'sl oz. 1-ldut AUSTRALIAN PRICE OF GOLD The price fixer! by the Commonwealth Bank for gold, ineluilitifr jewellery, lprlged at the Melbourne Mint, for the week ended Mareli 'J.'i, was at (ho rale of approximately L' 7 I Is Id a standard ounce ('22 carats), equal to a premium of D 8.21 per cent. Payment is made according to I lie assay value of I he gold. 'I bo price was Id lower on Iho week. The price an ounce lino was CS 8s sd, a fall of Id 011 the nook. LAKE VIEW AND STAR At a meeting of Lake View and Star, Limited, which is operating in os tern Australia, it was decided to increase the capital to £500,000 in order to acquire the property of Associated Gold Mines of Western Australia (New), Limited.
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Bibliographic details
New Zealand Herald, Volume LXXI, Issue 21765, 3 April 1934, Page 5
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156MINING NEWS New Zealand Herald, Volume LXXI, Issue 21765, 3 April 1934, Page 5
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