New Caledonia
p. 75 · Read in the full issue
Mineral Industries Busy
From Our Own Correspondent
Noumea, May 2.
THERE are indications that New Cale donia has made a steady and satis factory recovery from the economic depres sion.
Representatives of different countries have been here bidding for our minerals.
The most active appear to be the Japanese, who now are buying chrome as well as nickel.
The new line of Japanese freighters which is running to New Zealand via New Caledonia is helping our industries. Large quantities of sulphur are being brought in from Japan for use in the treatment of nickel ore; and the ships on their way back from New Zealand with wool take up our minerals and other products.
Japanese goods also are rapidly finding their way in.
There has been much prospecting activity by gold-seekers, but no encourag ing discoveries have been reported.