Gold Production
p. 48 · Read in the full issue
Bulolo G. D. Ltd.
Production of the No. 1 and No. 2 dredges of the Bulolo Gold Dredging, Ltd., for November, compares with that of the previous periods as follows:
Reduced yardage in November was due to power interruptions.
From November 17 to November 30 inclusive, No. 3 dredge dug 82,000 cubic yards, and recovered 9430 z. bullion, containing 6700 z. fine gold. This dredge started dredging about the eastern margin of pay, and has not reached bedrock. On account of adjustments to gold-saving equipment, the dredge will not operate continuously for several weeks yet, and no estimate of monthly profit will be made for some time.
Period ended, Sept. 30. Oct. 31. Nov. 30.
Cubic yards 440,900 448,100 400,200 Bullion, oz 11,063 12,218 10,202 Gold, fine, oz 7,335 8,101 6,764
Value—
Aust. currency* .. £55,012 £60,757 £50,730 Per cubic yard .. /29.94 /32.S4 /30.42 Working profit ... £A41,370 £A47,737 £A38,220 * At £A7/10/ per fine ounce.