New Guinea

To Seek Gold in Dutch New Guinea Powerful Company Formed

IT was announced in Batavia in January that the Netherlands New Guinea Min ing Company had been formed, and re gistered in Batavia, to search for gold in Dutch New Guinea, and carry on any necessary developmental work in connec tion therewith. The nominal capital Is 1,500,000 guilders—about £250,000 Aus tralian, The new company has been formed by the Billiton Tin Company, the Oroville Gold Company, Erdman Sielcker and Co., and the Anglo-Oriental Co.—four very large and powerful organisations.

It is understood that the search for gold will be carried out in the north-eastern corner of Dutch New Guinea, in that area contiguous to the border of the Man dated Territory of New Guinea. It is proposed to use aeroplanes freely in the work.

Major C. B. Joske, managing director of the Suva firm of Brown and Joske, Ltd., arrived in Sydney in March. He will return to the Colony in April,