New Guinea Gold

The Ridges Mill is Operating Again

F an interim report by the directors of New Guinea Goldfields Limited, at the end of May, it was announced that i amalgamation section of the treat nt mill at Golden Ridges, near Wau, > now been completed, and the plant undergoing a running-in period, using ow grade ore. 7he through-put and grade of ore will stepped up gradually, and it was ex ted that this section would be running full capacity (100 tons per day) within couple of weeks. Tailings from this nt will be stored pending construction :he plant to extract residual gold values cyanidation process.

The production and sale of timber con ues to be satisfactory,” said the direc s, “and the income from alluvials is ag maintained at recent levels.”

ulolo Co. Strikes a Bad Patch

ECAUSE its European staff will not work overtime (more than 40 hours per week) unless higher wages are iceded, the dredges of Bulolo GD Ltd. /e been on reduced output since late April.

'ollowing on that, the directors decided close down dredges 3 and 6, owing to 5 reduction in returns, plus higher (rating costs, and about 30 European ployees were sent back to Australia. l third dredge, the big No. 5, which ned turtle last year as a result of a lapse of a bank alongside, and which > subsequently righted, is still out of ion, pending repairs. There has been iculty in getting necessary spare parts, ’his company, which has been a con ent money-spinner since the early rties (minus the war years, of course) ms to have struck bad luck and bad ntry.