NEW GUINEA GOLDFIELDS
ERA OF BIG COMPANIES BUCKET DREDGES BEING SENT (United Press Association—By Electric Telegraph—Copyright) SYDNEY, 6th January. According to a well known mining engineer now in Sydney, ten millions worth of gold awaits recovery at Edie Creek and Bulolo goldfields in the mandated territory in New Guinea. Rich fortunes have been made there in the past ten years by Australian prospectors, but the era of the big company is now dawning. Tli6 first/ of two bis bucket dredges for this field, built at Balmain, Sydney, and about to be transported, will consist of 2500 tons of dredging machinery which will be taken in sections over precipitous mountains in two great triple-engine Junker aeroplanes One part weighs 6900 lbs* making a stiff test for the airplane. It is expected that a 2000 h.p. hydro-electric plant will be in Operation on the Bulolo field in Octobei.
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Nelson Evening Mail, Volume LXIV, 7 January 1931, Page 5
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146NEW GUINEA GOLDFIELDS Nelson Evening Mail, Volume LXIV, 7 January 1931, Page 5
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