Mining Notes

From Fiji

Emperor Gold Mining Co., Ltd.

Emperor gold mining co., ltd., Tavua, Fiji, advises that the first shipment of fuel oil amounting to 1.582 tons, was satisfactorily discharged into the bulk oil tank at Vatia Point in February. The erection of the wharf at Vatia Point is approaching completion.

As announced in their annual report the Emperor and Loloma companies entered into an agreement with the Fiji Government to provide a mole and wharf near Vatia Point, approxi mately 17 miles from the mines, at Vatukoula.

The expense of this undertaking is being borne by the companies, the Government having an option to purchase for three years from the date of completion, at the actual cost price, for use as a Government wharf.

The last Emperor production figures showed:—

tPlant closed 3 days for Christmas holidays and 2 days owing severe storm. ‘Production suspended 24 hours owing storm; drop in grade due continuous heavy rain throughout period diluting ore with overburden.

Mt. Kasi Mines, Ltd.

Yields from the Mount Kasi mines at Vanua Levu, Fiji, for the past four months, are com pared in the following table:— Four weeks ended

Loloma (Fiji) Gold Mines N.L.

A satisfactory feature of recent returns from I.oloma (Fiji) Gold Mines N.L. has been the steady rise in the recovery grade, and the fall in the gold content of the residues. The latest return, for the four weeks ended February 22, shows that 2,305 tons were treated, the highest monthly throughput to date, for 3,120 oz. fine gold, which is also a record.

From New Guinea

Bulolo Gold Deposits, Ltd.

THE directors of Bulolo Gold Desposits, Ltd., report that all details of the sale of the Co.’s property to New Guinea Goldfields, Ltd., have been completed and the balance of pur chase money has been received by the Co. The amount of cash now held by the Co. represents approximately lid. per share. A meeting of shareholders will be held to consider liquidation.

New Guinea Goldfields, Ltd.

The following progress report for November to January has been issued by the Mining Trust, Ltd., consulting engineers for New Guinea Gold fields, Ltd.:—

bulolo gold dredging, ltd.

Production of Bulolo Gold Dredging Co.'s dredges in New Guinea from November to January was: —

No 1 dredge was closed down for three weeks during January to instal a new digging ladder.

The Morobe Warden’s Mining Report for January shows that during that month a total cargo of 910,716 lb. (455 short tons) for 160 trips was carried by the Bulolo Co.’s big G.3l Junker planes between Bulolo, Bulwa, and Wau.

Jobs completed by the B.G.D. building depart ment: Residence for Burns, Philp store manager; Administration Post Office; Hydraulic Elevator Flume change: Coffer Dam—No. 1 Dredge Re construction; furniture for new married quarters

and Post Office. At the end of the month the staff was;—Whites, 321; Chinese. 11; Asiatics, 3; natives, 1,340 (including 11 Marys).

Day Dawn South (N.G.) N.L.

Shareholders of Day Dawn South (New Guinea), N.L., at an extraordinary meeting in Sydney on March 10 decided that the Co. should be wound up voluntarily. The balance-sheet as at Decem ber 31 shows cash at £1,322. Leases, plant, etc., valued at £12,873. Mine development account

January was: — Nov. Dec. Jan. mhic vards . .. 1,210,000 1,302.000 1.196.000 Bullion! OZ 20.491 27,116 17,778 Gold. fine. oz. .. 14,139 18,709 12,268

Value —

Aust currency* .. £123,716 £163,704 £107,345 value per c. yd. /24.5 /30.1 /21.5 Working profit .. £82,609 £111,851 £75,810 * At £ A £8/15/- per fine ounce.

tDec. 28 ♦Jan. 25.

Feb.22.

Crushed, tons 11,854 13,502 13,520 Head value, dwt. .. 6.8 6.13 6.13 Yield, oz. (est.) .. 3,744 3,807 3,847 Dwt. a ton .. 6.32 5.64 5.69 Residues, dwt 0.47 0.45 0.39 Concentrates, tons .. 2 4.5 5 Containing, oz. (est.) 10.5 29.4 28

Nov. 30. Dec. 28. Jan. 25. Feb. 22.

Ore, tons .. .. 3,272 2,909 2,977 3,554 Gold, fine, oz. .. 671 636 597 712 Value, £ A .. .. 5,871 5.565 5,224 6,230

tDec. 28. fJan. 25.

Peb. 22.

Mill ran, hours . 483 495 634 Ore treated, tons 1,655 1,795 2,305 Head value, dwt. 28.32 28.3 28.4 Gold, fine oz. .. 2,240 2,436 *3,160 Dwt. a ton .. .. 27.1 27.13 27.42 Silver, fine oz. . 491 502 773 Residues assay, dwt. 1.25 1.15 1.10 tPlant closed down December 22 for overhaul and installation new conveyer. tPlant closed down December 29 to January 1, inclusive, owing overhaul; also 24 hours lost owing storm ♦Inc. 14 oz. from retreatment of old residues.

Nov.

Dec.

Jan.

Edie Creek mill — Gold, oz., fine .. .. 1,129 1,171 944 Silver, oz., fine .. .. 4,679 4,312 3,730 Ore, tons — 3.600 3,011 Alluvial— Gold, oz., fine .. .. 849 993 1,217 Silver, oz., fine .. . . 612 722 908 Golden Ridges mill— Tons treated .. .. .. — 2,329 2,13?

Gold, oz., fine .. 878 943 938 Silver, oz., fine .. 928 1,229 1,228 Operating profit— Edie Creek, £ .. 3,257 3,525 2,069 Alluvial, £ 2,633 2,960 3,884 Golden Ridges, £ .. 1,302 1,514 1,832

appears at £8,951, and preliminary expenses at £2,445. Capital is £14,503, and there is a for feited shares reserve of £ll,OBB.

Sunshine Gold Development, Ltd,

The following figures have been made avail able by Sunshine Gold Development, Ltd.: — Quarter ended February 28.

Sandy Creek Gold Sluicing, Ltd.

The mine manager of Sandy Creek Gold Sluic ing, Ltd., New Guinea, reported early in March that the last four yields compared as follows:

From Papua

Papuan Apinaipi Petroleum Co., Ltd.

Papuan apinaipi petroleum co., ltd., reported in mid-February that the drilling plant had been transferred to the site of the No. 3 bore, five miles south-east of the No. 1 site and two miles south-east of the No. 2 site on the Oiapu structure. Heavy rains had fallen, and an adequate supply of water was available.

On March 7, a published report stated that the No. 3 Oiapu bore had reached 345 ft. Faint traces of oil were struck at 140 ft., and con tinued intermittently to 345 ft. Casing also had been set to this depth.

Cuthbert’S Misima Goldmine, Ltd.

Figures for the monthly clean-up on February 23 from Cuthbert’s mine on Misima Island, Papua, compare with the two previous yields as follows: —

Mandated Alluvials, N.L.

Directors of Mandated Alluvials report that during the early weeks of March the work of the smelter has been much reduced owing to the monsoonal rains and also to a temporary short age of sulphide ore. This latter difficulty has now been entirely removed by the acquisition of a large mining property already proved to con tain more than 200,000 tons of ore. Work on this property is now in progress, and it is ex pected that considerable quantities of suitable ore will shortly be available. A small shipment of matte—the eighth—containing approximately 130 oz. gold, 300 oz. silver, and seven tons cop per, has been sent to Port Kembla from Papua.

Gold Mines Of Papua, Ltd.

Comparative returns for the past three months from Gold Mines of Papua, Ltd., Misima Island, Eastern Papua, show:—

Yodda Goldfields, Ltd,

According to a statement issued by Yodda Gold fields, Ltd., the amount of gold won during January totalled 52 ounces.

Misima North, Ltd.

Misima North, Ltd., reports that its engineer, Mr. D. Barnett, advises the discovery of a large ore body 1,100 ft. above sea level, midway be tween the Co.’s original leases and the northern coast of Misima Island in Eastern Papua. He has traced this lode north and south for a dis tance of 40 chains over a width of 40 to 50 ft., and assay of samples taken in various places across the lode by surface costeans shows a gold content of about 4 dwt. Arrangements are being made to open the lode at a depth of 200 ft. Four additional gold mining leases have been taken up to cover the area.

Cub. yd. Hrs. Gold, oz.

December .. .. 18,094 500 451.85 January* ... — — — February .. .. 38,831t 487 135.1 Total 56,925 987 586.95 Previous quarter 56,778 1,638 1485.05 ♦Sluicing suspended. tMostly overburden.

Nov. Dec. Jan. Feb.

Cubic yards .. 19,154 17,206 14,196 16,482 Gold, oz 445 486 293 445 Per cubic yard . 3/6 4/2 3 /4 3/1 4/0V 2 Working cost . . 1/3 1/41/51/5

Dec.

Jan.

Feb.

Treated, tons . 2,908 2,641 3,031 Bullion, oz. .. 2,850 2,589 2,788 Gold, fine oz. . 779.5 672 808 Silver, fine oz 1,987 1,852 1,915 Est. value at £A8 per oz. £6,354 £5,490 £6,574 Value, per ton 43/8 41/7 43/5 Development for January, 492 ft.; 489 tons of ore won from development, 2,152 tons from stoping, total, 2,641 tons; average assay, gold, 5 dwt. 14 grs. per ton silver, 34 dwt. 12 grs.

Nov. Dec. Jan. Feb.

Crushed, tons .. 2,378 2,003 2,612 2,728 Gold, oz., fine .. 316 281 329 367 Silver, oz 997 929 992 938 Value £2,925 £2,625 £3,000 £3,275 Residues, gr 6 6 6.2 7