Excerpt from The Mining Magazine, Vol. 13
The Shamva paid its first dividend in April, when 5% was distributed. A second dividend, Of was announced this month, making 12é% for the first half Of 1915, the amount disbursed being The current quotation Of the £1 shares is 445. The ore reserve is about tons, averaging 5 dwt. Per ton, and development in depth indicates a rapid contraction in the size Of the orebody. The monthly output is about tons, so that the reserve will last 35 years. The average recovery is and the working cost about 75. 6d. Per ton.
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