BULOLO GOLD DREDGE.
The annual report of Bulolo Gold Dredging, Ltd., operating in New Guinea, shows that for the year ended May 31 last the dredges treated 11,222,000 cubic yards, or 25,000 cubic yards more than in the previous year. Th.» recovery was 134,7150z of* gold, and 58,8910z of silver, equivalent to 5.793gr of fine gold a cubic yard, equal t0A25.344d, with gold at £8 15s an oz. The company had produced a total of ,683,2770z of gold and 307,4150z of silver, and had dredged 55,040,000 cubic yards up to May 31. Working costs for the year, excluding amortisation, amounted to 9.94 cents a cubic yard, or to 12.03 cents a cubic yard, including Government royalty. The company is domiciled in Canada.
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Bibliographic details
Evening Post, Volume CXXVI, Issue 132, 1 December 1938, Page 12
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122BULOLO GOLD DREDGE. Evening Post, Volume CXXVI, Issue 132, 1 December 1938, Page 12
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