Pacific Islands Monthly
The news magazine of the South Pacific · since 1930
Pacific Islands Monthly, 17 October 1947Vol. XVIII, No. 3

Fourth Bgd Dredge Now

p. 10 · Read in the full issue

Page 1010

Working

BULOLO Gold Dredging Ltd., now have four dredges working in the Bulolo Valley. The last dredge (No. 8) went into operation on September 12.

During September, with three dredges working throughout and the fourth pro ducing in the latter half, 525,000 yards of gravel were put through for the recovery of 5,644 ounces of gold.

The Australian wartime tax on gold, which had the effect of fixing it at the price (per fine ounce) of £lO/15/3, was

suspended from September 20.

Digitised by the National Library of Australia · OCR text via GLAM Workbench · uncorrected OCR, expect errors
A non-commercial reading archive for research and private study. Copyright in Pacific Islands Monthly varies by issue and article; pre-1955 anonymous material is in the public domain in Australia, later material may remain in copyright. Rights holders with concerns about any item can request its removal.