14 DECEMBER 1934, Page 37

INTERNATIONAL CO-OPERATION.

Although the Rhokana directors have adopted the policy of only producing what they can sell, they feel it necessary to put themselves into a position to produce more, because more will be wanted. There will be general agreement with Sir Auckland's statement that while the price of copper is at present too low, it would be a mistake to seek too high a price, which might check consumption. Regarding current reports of steps to effect an arrangement on production between the world's copper interests to avoid accumulation of stocks, the Rhokana Chairman expressed willingness on the part of the Corporation to co-operate with other producers, providing that the terms of co-operation were reasonable from the

point of view of Rhokana shareholders. In view of the potentialities of its interests, and the low production costs which it enjoys, the Rhokana and its allied concerns should be in a very strong position in any international copper