The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 15 October 1940Vol. XI, No. 3

From Fiji

p. 62 · Read in the full issue

Mining News

From Papua

Cuthbert’S Misima Gold Mines, Ltd.

SEPTEMBER production at the Cuthbert mine on Misima Island, Eastern Papua, is com pared with July and August in the following table: —

Mandated Alluvials, N.L.

Directors of Mandated Alluvials, N.L., report that shipments of matte, Nos. 26 and 27. amount ing to 95 tons, have been received. The assays give contents as 342 oz. of fine gold, 1,030 oz. of silver, and 18 tons of copper. The net value,

after allowing for deductions, cost of refining and goid tax, should exceed £4.000. Shipment No. 28, of 49 tons, has been received, but assays are not yet available.

Papuan Apinaipi Petroleum Co.. Ltd.

Early in October. Papuan Apinaipi Petroleum Co., Ltd., reported that the broken bit in No. 1 major bore at Oiapp had been recovered. The bore is now being reamed preparatory to the insertion of casing.

From New Guinea

new guinea goldfields, ltd.

"T* HE latest report issued by the Mining Trust, 1 Ltd., consulting engineers for N.G.G. Ltd ' compares August production with June and July as follows:

Sandy Creek Gold Sluicing, Ltd.

September production at the Sandy Creek mine is compared with June, July and August in the following table:—

Sunshine Gold Development, Ltd.

Directors of Sunshine Gold Development, Ltd., report that the clean-up for September yielded 587 oz. of gold, compared with 881 oz. in August and 990 oz. in July.

Yield for quarter ended September 30: 2.501 oz. (elevator, 2,147 oz.; sluicing. 290; tributors 63).

A dividend of 6d. a share has been declared and the first bonus declared by the company 6d. a share —will be paid on October 24.

Bulolo Gold Dredging, Ltd.

Bulolo Gold Dredging, Ltd., reports that August production from the Co.’s dredges in New Guinea compares with June and July as follows:

From Fiji

Emperor Mines, Ltd.

[RESULTS from the Emperor mine, at Tavua, •N for the past four months compare as follows:

‘Apparent discrepancy between yield and head values due to gold still in circuit. In addition, 270 tons of Customs ore were treated, tlncluding treatment of concentrates.

Loloma Gold Mines, Ltd.

Production at the Loloma mine for October is compared with the three previous months as follows;

treatment of accumulated slags and amalgam, making the total recovery for the period 4,424.

Mt. Kasi Mines, Ltd.

Latest yields from Mt. Kasi mine, Vanua Levu, are as follows: —

July. Aug. Sept.

Mill treated, tons .. 3,054 3,313 3,210 Bullion, oz 3.348 3,162 3,402 Gold, fine, oz 717 802 780 Silver, fine, oz 2.551 2,278 2,538 Estimated value .. .. £5,837 £6.487 £6,343 Value per ton of ore 38/3 39/2 39/6

Edie Creek mill— June.

July.

Aug.

Ore, tons 2.942 3,275 3,105 Gold, oz., fine .. 883 912 918 Silver, oz., fine . .

Golden Ridges mill— 4.219 5,218 5,713 Tons treated .. . 2,295 2,696 2,616 Gold, oz., fine .. .. 871 1,115 l!l84 Silver, oz., fine . . .

Alluvial— 1,060 1,237 1,350 Gold, oz., fine .. 1,563 1,417 1,335 Silver, oz., fine . .

Operating profit— 1,071 1.005 988 Edie Creek, . £ 1.901 2,020 2,019 Golden Ridges, £ 1,105 2,309 2,772 Alluvial, £ .. . 6,204 4,798 5,120

. . June. July. Aug. Sept.

Cubic yards .. .. 15,433 16,052 16,530 14 110 Gold . OS! 218 316 258 243 Per cubic yard .. 2/3 3/1% 2/6 2/9 Working cost .. .. /H3/ 4 k)3 4 1/x

Cubic yards . .

June.

July.

Aug. 1.432,000 1.545.000 1,613.000 Bullion 07 23.178 20,032 22,304 Gold, fine oz. 15,994 13,822 15,389 Estimated working profit for August, 7,254 oz. of fine gold.

July Aug.

Sept. ♦Oct. 10. 7. 4. 2.

Ore treated, tons . . 11,184 10,367 10,098 9,899 Head value, dwt. .. 7.8 6.95 7.1 10.75 Gold, oz., fine 4,000 3,716 3,653 t3,026 Residues, dwt 1.0 0.95 1.0 1.1

July Aug.

Sept. *Oct. 10. 7. 4. 2.

Tons, treated .. .. 2,659 2,493 2,527 2,623 Gold, oz., fine . .. 3.523 3.428 3,361 3.419 Head value, dwt. .. 27.49 28.33 27.7 27.4 Residues, dwt 0.5'9 1.33 1.1 1.38 *In addition 1,005 oz. gold was : recovered from

Period ended Aug. 7.

Sep. 4.

Oct. 9.

Ore, tons . . .. 3.348 3,366 4.040 Gold, fine oz. . 655 693 853 Value, £ A 6.550 6.930 8.530