SIBERIA’S MINERAL WEALTH.
A SOVIET CONCESSION. NEW YORK INTERESTS PARTICIPATING. (Received 4, 8.55 a.m.) Moscow, Ma- 3. Tim representatives of the Soviet and tho I ona Goldfields Company signed a draft agreement for concessionary exploitation bv a company, tn he called the Lona Gold Enterprises, of a million and a half acres of gold, silver, copper ard lead hearing areas in the Lona. Altai and Sissersk regions. Siberia. It is undorsfooil important Now York banking and mining interests have considerable participation in the operations of tho company, which embraces tlm interests of a number of companies which bo'oro the war operated the mines covered by the present concession. Six per cent, of the total is parable to the Soviet. Tho companv’s technical staff will be largely British and Americans.— (Reuter).
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBTRIB19250504.2.48
Bibliographic details
Hawke's Bay Tribune, Volume XV, Issue 126, 4 May 1925, Page 5
Word Count
130SIBERIA’S MINERAL WEALTH. Hawke's Bay Tribune, Volume XV, Issue 126, 4 May 1925, Page 5
Using This Item
NZME is the copyright owner for the Hawke's Bay Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.