Misima Gold.
p. 17 · Read in the full issue
£1 Recovery Per Ton in December.
From Our Own Correspondent.
Pt. Moresby, Feb. 20.
THE monthly report of New Misima Gold Mines Ltd., on the island of Misima, Eastern Papua, for Decem ber shows 884 tons put through the mill, yielding 653 tons of sand and 231 tons of slime; also 116 tons of crude ore were treated; making a total of 1,000 tons handled, for gold bullion valued at approximately £1,028/12/-, in addition to accumulated silver, 603 ozs. valued at approximately £50/5/-.
During the epidemic of influenza, 70 per cent, of the labour gangs were af fected. There were four deaths and the work was considerably held up. Euro peans were also handicapped. The epi demic was very severe.
Dividend No. 2, of 6d. per share, has been declared and is payable forthwith.
A further substantial amount has been also placed to the reserve fund on fixed deposit at the Bank of New South Wales.