BIG MINE OUTPUT
MOUNT LYELL GOOD FOR 20 YEARS PRESSURE OF IMPORT DUTY Reed. 9 a.m. HOBART, Today. Members of the Federal Public Accounts Committee visiting the West Coast in connection with the State’s claim for increased assistance from the Commonwealth £ inspected the Mount Lyell mines, the manager of which, Mr. Murray, said that since 1896, the works have produced 227,000 tons of copper, 14,000,000 ounces of silver and 394,000 ounces of gold. If labour and other conditions remained unchanged, the life of the field might be estimated at 20 years. The company was hampered by Customs duties on machinery which, though it could not be made in Australia, had to bear a heavy import duty. For instance, new plant costing £6,000 from America and not economically obtainable elsewhere, would be charged £3,000 duty on arrival.
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Bibliographic details
Sun (Auckland), Volume III, Issue 903, 21 February 1930, Page 12
Word Count
136BIG MINE OUTPUT Sun (Auckland), Volume III, Issue 903, 21 February 1930, Page 12
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