Emperor Produces A Ton Of
p. 28 · Read in the full issue
Gold
From Our Own Correspondent.
Suva, Apr. 1.
SINCE the Emperor Gold Mining Co. commenced operations at Tavua, Fiji, over a ton of gold has been pro duced. The total to the end of January was 33,071 oz. of fine gold, valued at £260,425 (Fijian). A total of 2,445 oz. of fine silver, valued at £3OO, was also produced.
The whole of the gold, with the ex ception of 2,000 oz. from the new mill was produced and treated through the original plant. Thus, it took three years for the old mill to produce a ton of
gold, but it will take only one year for both mills to put through the next ton of gold.
The production of Fiji gold this year, according to reliable estimates, will total between 70,000 and 75,000 oz. and will be valued at £600,000 (Fijian), com pared with last year’s yield of 21,000 oz., valued at £166,000. It is possible that new mining ventures may begin production this year.
Mr. S. Cooper, an A.W.A. radio en gineer, arrived in Papua in March to supervise the installation of the wire less equipment being set up at Port Moresby in connection with new air mail service between Australia, Papua, and New Guinea.