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MINING.

[Per Press Association.] OTTAWA, Jot.t-28.

The Canadian Government hai decided to impose a royalty upon all fold from mines in the Yukon Eive? istriet, British Columbia. A royalty of 10 per cent is imposed upon weekly outputs valued at five hundred dollars, and 20 per cent-upon outputs* o£ larger value. July 80. , The Canadian Government has decided to reserve every alternate place? claim on . the Token Eiver field PU behalf of the public revenue. V AUCKLAND, July 29. The Waitekauri return for four weeks’ crushing is 16870zs of bullion, value .£5462, from 1841 tons of ore, the increase being caused by the higher grade of th* ore. • WELLINGTON, July 29. It is stated that in consequence of the gold find in British Columbia, the agent of an English syndicate, who had intended operating in New Zealand,; has been cabled to stay his hand, pending inquiries,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT18970730.2.46

Bibliographic details

Lyttelton Times, Volume XCVIII, Issue 11334, 30 July 1897, Page 5

Word Count
146

MINING. Lyttelton Times, Volume XCVIII, Issue 11334, 30 July 1897, Page 5

MINING. Lyttelton Times, Volume XCVIII, Issue 11334, 30 July 1897, Page 5