Bulolo G.D. Returns.
p. 36 · Read in the full issue
The Bulolo Gold-Dredging Ltd’s, yield for the 28-day period ended September 9, amounted to 3,592 ounces of bullion from 195,100 cubic yards of an approximate value of 48,492 gold dollars. Operations were delayed 41 hours through a shut-down of the power plant. Dredg ing has been confined to the eastern side of the property and for part of the period the dredge was digging ground outside the originally con templated dredging area, which on account of low operating costs is now profitable.
The order for the hull of No. 4 dredge was placed with Poole and Steel, Ltd. on 12th instant.
