Progress at Golden Ridges.
p. 30 · Read in the full issue
N.G. Goldfields
From Our Own Correspondent.
WAU, N.G., March 22.
NG. GOLDFIELDS, LTD. continue to make good progress in the erec tion of the mill at Golden Ridges, and this mine should reach the produc ing stage about the end of June.
The comments of the “Pacific Islands Monthly,” in its February issue* ns to the necessity of this company writing down its capital, has caused a good deal of discussion here, and it is generally ad mitted that this will be necessary be fore the company will be qble to pay reasonable dividends.