Papuan Prospecting Co.
p. 68 · Read in the full issue
IT was reported in August that a new prospecting company to operate in Papua, the Moroka Dredging and Explora-. tion Co. Ltd., had been floated in London and Australia; and that a preliminary syndicate had gathered necessary data and obtained promises of concessions from th* Papuan Government. Moroka D. and Ei Co. intended to take up a reservation wxtl mineral rights over 5000 square miles u Central Papua.
The Prime Minister’s Department, Can berra, has informed us that the Lieutenant!
Governor of Papua (Sir Hubert Murrays has advised the Department that the states ment regarding the promises of conces sions is not correct.