BGD Progress in New Guinea
p. 92 · Read in the full issue
New Guinea Mining
IN the month of August, seven Bulolo Gold Dredging dredges in New Guinea
handled 912,900 cubic yards of gravel
for a total recovery of 7,212 ounces of
fine gold.
Sandy Creek
ADVICE has been received by the Sydney office of Sandy Creek Gold Sluicing, Ltd., that during the month of August, 1948, 132 oz. 7 dwt. of gold were recovered from 9,870 cubic yards of material treated at the company’s leases in the Morobe District, New Guinea.
Cuthbert’S Misima Goldmine, Ltd.
THE directors of Cuthbert’s Misima Goldmine, Ltd., PapGa, advise shareholders that the new issue of 50,000 ten shilling shares (£25,000), applications for which closed on September 17, was fully subscribed.
Letters of allotment will be forwarded to the shareholders shortly.
Enterprise Of Ng
EENTERPRISE of New Guinea Gold and Petro ls leum Development, NL, has received a final war damage claim payment of £1,412 —this makes a total of £20,110 war damage received.
Opening up of mining operations in the Morobe District is proceeding. = •U./K Monsieut Alexandre Graffe, of the French Colonial Service, who had been attached to the Department of Justice in Tahiti for many years, died recently at his home there. He was 75, and was a Chevalier of the Legion of Honour.