BWANA M'KUBwA COPPER MINING.
At the recent annual meeting of this company Sir Edmund Davis had a very satisfactory statement to lay before the shareholders. It is true that the balance-sheet had shown a large amount at the debit of Profit and Loss, but from Sir Edmund's statement it is clear that the past year has witnessed great developments on the property, and at the end of October the ore reserves at the Bwana Mine alone were stated to be no less than 7,282,810 tons, while extensive boring in other mines owned by the company and in adjacent properties is indicating good results. The company has, apparently, to withstand somewhat high railway rates in Rhodesia, a matter of some importance in their relation to the rates charged by the railroads in the United States. Not only, however, to shareholders of this company, but to a much wider circle, it is both interesting and satisfactory to note that these properties in Rhodesia seem likely to make quite a magnificent contribution to the Empire's production of copper. It is that consideration, indeed, which occasions me to refer in these columns to Sir Edmund Davis's speech, for these are days when we should do well to follow with the utmost attention the development of the Empire's resources as a whole. The importance of the point is emplia sized, or should be emphasized. , every day by the overwhelminv; strength and prosperity of the United *States.
fic
Previous page
