SOUTH AFRICA.
THE GOLD INDUSTRY. Received Sept. 24, 7.33 p.m. Johannesburg, Sept. 2.1. The president of the Chamber of mines referred to the serious position of the Transvaal gold industry. Of forty-eight contributing mines, six were working at an actual loss and fifteen at a, small profit, which, however, the standing charges turned into a loss. Under existing conditions the end was very near. It would be a pity if the closing of some of the mines was required to bring home the real position.—Renter.
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Taranaki Daily News, 25 September 1918, Page 8
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85SOUTH AFRICA. Taranaki Daily News, 25 September 1918, Page 8
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