Clutha Withdraws
p. 21 · Read in the full issue
Gold Ridge
Clutha Withdraws For The Wet Season
WHETHER or not Guadalcanal’s Gold Ridge deposits will pro vide the BSIP with a much needed industry still remains the Protectorate’s 64-dollar question.
The answer is probably locked up somewhere in the minds, if not the records, of the men who run the Clutha Development Co. (a sub sidiary of Placer Development), but so far as the company’s Sydney office is concerend, no one is talk ing. Not by so much as a whisper.
Recently, the company’s New Guinea vessel, Mubo, arrived at Honiara to take off the personnel who have been testing at Gold Ridge; 25 native labourers who last year were taken in from New Guinea also were repatriated.
Official explanation for the with drawal is that operations will be suspended for four or five months during the wet season. Secretary for the company in Sydney had no comment to make on either the withdrawal or progress to date.
Asked whether the Company in tended to resume prospecting operations after the Wet he could not say, but said it would depend on a number of factors. Asked whether the company was satisfied with progress up to date, he said that he could not say anything about that, either.