Bullion Production Of Papua And
p. 39 · Read in the full issue
New Guinea
BULLION production of Papua and New Guinea in recent years is as under, ac cording to official records:
450,000 ounces of gold and 380,000 ounces of silver.
The output of New Guinea for 1934
To date, Papua has yielded approximately 540,000 ounces of bullion and New Guinea 830,000 ounces of bullion, the latter being
should show another big increase through the plant extensions of New Guinea Gold fields and Bulolo Go id Dredging, also from new alluvial operations of others.
Papua
New Guinea
Year.
Ounces Value Ounces Value 1926 6,545 £22,586 43,998 £98,726 1927 4,898 14,477 99,116 223,009 1928 3,404 9,968 105,213 236,064 1929 3,367 9,462 60,523 136,177 1930 5,309 16,297 45,815 104,080 1931 7,491 28,457 80,468 220,196 1932 13,336 41,172 133,847 595,092 1933 9,991a 77,430 248,088b 1,240,000 a. Fine gold at 155/-, the average Australian price for 1933. b. Bullion at 100/-, approximate price. Fine content not yet available.