New Misima Gold
p. 46 · Read in the full issue
Mines.
Production for December.
From Our Own Correspondent.
Pt. Moresby, Feb. 28.
THE report of New Misima Gold Mines Ltd., for December shows that 1,320 tons of ore were put through the mill and yielded gold bullion valued at £1.437/4/3 (assay value).
The Christmas holidays gave the op portunity for a general overhaul and re pairs which could not be made while the battery was working, were carried out.
During the month the main levels were extended 140 ft., rises 55ft. and crosscuts 52ft. A dividend —the fourteenth —of 1/6 per share has been declared.
Heavy rain damaged the motor road, a special gang under the supervision of a white overseer was put on to the re pairs and it is now in order.