The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 July 1953Vol. XXIII, No. 12

Gold Bricks Found at Bulolo

p. 17 · Read in the full issue

Bulolo

From Our Own Correspondent

Moresby, July 1.

A BULLDOZER driver turned up a lucky find at Bulolo on June 29 when his equipment acci dentally unearthed two gold bricks which had been stolen from an Army Guard House early in 1942.

One brick weighs 516 ounces and the other 443, and several gold specimens were also recovered.

The gold is the property of Koranga Gold Sluicing and inde pendent miners, and at the time of its theft from the guardhouse was valued at £15,000 (it is, of course, worth more now).

When the gold disappeared from the guardhouse an extensive search was made, and this was continued long after the war, both in Australia and NG. The find turned up by the bulldozer represents about two thirds of the lost gold, and a search is beinsr made for the remainder.

Mr. W. Rawson, the driver of the bulldozer, was cutting a new road in the township when his blade struck treasure trove.

It is reported unofficially that war damage compensation was paid on this gold. If that is the case, a very interesting question arises as to who actually owns the gold now.