NIU 0.00% 2.0¢ niuminco group limited

Ann: Power upgrade at Edie Creek completed, page-30

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    It would be around the mid to late 1920's for sure.
    I have a great book at home with the history of mining in PNG, a fascinating read.
    Many people gave there lives to Gold mining in the Bulolo Valley, that is also fact.
    We are drilling at my joint now, and I would not be surprised if we hit some gold also
    but we are not really looking for it.
    Anyone know how much Limestone,in the form of Quicklime, Gold mines go through as a percentage of cost's???

    As they say:
    Why mine for Gold when you can sell them the Picks/Lime
 
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