Trading Notes
p. 126 · Read in the full issue
FACTORY FOR LAE: Concrete In dustries (Monier) Limited is to open a new plant at Lae this year. The company’s managing director, Mr. K.
B. C. Milburn, announced this in December. He said two subsidiaries— Concrete Industries (NG) Pty. Ltd. and Monier Quarries Ltd.—already operated quarries and a plant at Port Moresby.
The Port Moresby plant manufactures concrete pipes, masonry blocks and pre cast concrete building components.
Mr. Milburn said the new plant would start producing reinforced concrete pipes and then develop other products “as the occasion and demand arise”.
Pacific Island Mines Limited:
Negotiations on a joint venture operation at Misima are in progress, according to a January report from the company.
Since completion of the Umuna adit, surface and underground operations have been resumed.