28 APRIL 1939, Page 50

DURBAN DEEP PROGRESS

Once again Mr. W. H. A. Lawrence, the chairman of Durban Roodepoort Deep, was able to announce very encouraging progress when he presided at last week's meeting of the company in Johannesburg. The combined tonnage milled last year by the Roodepoort United reduction plant and the Durban Roodepoort plant was 1,374P00 tons, an increase of 165,000 tons ; the profit earned had risen by D05,787 to £482,736. Capacity of the two reduction plants has since been raised to 15o,00o tons per month, and further increases to capacity, which will probably be completed before the end of this year, will raise capacity to 175,000 tons per month. Mr. Lawrence announced that the company had bought an additional area comprising 173 claims, and one water right adjoining its north-western boundary. This was conveniently situated for exploitation from the existing shaft system, and although intersected by faults he had good reason to believe that it would furnish a substantial tonnage of profitable ore.