N.S.W., left Sydney for Suva, Fiji, by the
Record Bulolo Production
The May output of the six dredges of Bulo lo Gold Dredging Ltd., on the Morobe gold field, New Guinea, constituted a record, giv ing a working profit of over £lOO,OOO for the month. Details, compared with the two previous yields, are:—
Mr. and Mrs. J. M. Allard, who have been spending furlough at Bundanoon, N.S.W., left Sydney for Suva, Fiji, by the “Niagara” on June 9. Mr. Allard is with the C.S.R. at Labasa.
Dr. J. F. M. Taverne arrived in Port Moresby on May 31, to be Chief Geolo gist for Papua Oil Developments, re lieving Dr. Schumacher, who proceeded on leave in June.
Mar. Apr. May.
Cubic yards . .. 1.041.000 1,117,000 1,248.000 Bullion, oz 16,281 17.420 22,461 Gold, fine oz. . 11,235 12.020 15,499 Value— Aust. currency* £98.306 £105.175 £135.616 Value, per c. yd. /22.6 /22.6 /26.8 Working profit £68,958 £73,745 £100,038 *At £A8/15/- per fine ounce.
